What happens if Congress blows the debt ceiling?

Some Republican lawmakers are challenging Treasury Secretary Tim Geithner’s warnings about the grave consequences of not raising the country’s debt ceiling.

Related posts:

  1. The Higher the Debt Ceiling, the Deeper the Hole
  2. Debt ceiling: Danger ahead
  3. Delay on debt ceiling comes at a cost
  4. The Debt-Ceiling War: Wall Street Could Be a Casualty
  5. Geithner confident Congress can reach deal to reduce deficit, downplays credit agency warning

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