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Debt default would be disastrous for U.S. Economy: analyst

Saturday, July 30, 2011 - 05:34

July 30 - Andrew Fieldhouse, Federal Budget Policy Analyst at the Economic Policy Institute, says a failure to reach a debt deal before August 2nd could push the economy back into recession with GDP falling by one percent.

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Debt default would be disastrous for U.S. Economy: analyst

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Debt default would be disastrous for U.S. Economy: analyst

Saturday, July 30, 2011 - 05:34