Monday, October 14, 2013

Analysis: U.S. debt ceiling crisis would start quiet, go downhill fast

The U.S Capitol Building is pictured at sunset in Washington By Jason Lange WASHINGTON (Reuters) - If Washington doesn't reach a deal soon to keep paying its bills, an economic crisis could start unfolding so quietly on Thursday it will give little hint of its potential to throw millions of Americans out of work. Many people would not notice right away if the government hits a $16.7 trillion cap on its debt, which could come on Thursday. Checks would likely go out on time that day for everyone from bondholders to workers who are owed unemployment benefits, according to analysts in government and the private sector. ...








via Health News Headlines - Yahoo! News http://news.yahoo.com/analysis-u-debt-ceiling-crisis-start-quiet-downhill-064000213--sector.html

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