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Decoding the Debt Ceiling

US News and World Report, September 8, 2011: What the Debt Ceiling Deal Means for Consumers

Think the summer’s debt ceiling showdown was tough to watch? That was simply posturing and politicking over theoretical outcomes. It may have made the average American’s head hurt, but the average consumer’s wallet was uninjured. Well, those hazy, crazy summer weeks may soon seem like the good old days. Now Congress gets down to the business of making it real, and how this budget fight turns out will touch America where it lives. There are several ways this can go. We could all be winners or we could all be losers or, more likely, we’re all in for a another roller-coaster ride.

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