Thursday, June 30, 2011

Obama call for stimulus may complicate debt talks (Obama has no intention to stop spending)

Obama call for stimulus may complicate debt talks (Obama has no intention to stop spending): "'If the United States government, for the first time, cannot pay its bills, if it defaults, then the consequences for the U.S. economy will be significant and unpredictable,' he told a White House news conference, reminding Republican Party backers on Wall Street of the stakes involved.

(Excerpt) Read more at reuters.com ..."

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