This musing asks: didn’t we just go through this last year? This article in the Los Angeles Times by Jim Puzzanghera notes it is time to raise the US debt ceiling again or face the possibility of a credit downgrade for the country:
http://articles.latimes.com/2012/oct/31/business/la-fi-debt-ceiling-20121101
If this is going to be an annual occurance, when is it going to be too much? I guess time will tell!
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