Thursday, July 7, 2011

Exclusive: Treasury secretly weighs options to avert default

WASHINGTON (Reuters) - A small team of Treasury officials is discussing options to stave off default if Congress fails to raise the country's borrowing limit by an August 2 deadline, sources familiar with the matter said on Wednesday.

Source: http://feeds.reuters.com/~r/Reuters/PoliticsNews/~3/c3g0MaZz_xg/us-usa-debt-exclusive-idUSTRE7660GE20110707

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