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U.S. Debt Limit is Being Urged Higher by Federal Chief Bernanke
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Federal chief Ben Bernanke pushed Congress to increase the U.S. debt limit on Thursday. He warned that congressmen using the federal government’s debt limit as a political tool risk destabilizing worldwide markets. The debt limit of $14.3 billion is expected to be reached Monday but Treasury Secretary Timothy Geithner said that his department can continue to keep the government running until late summer.

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Bernanke pushes for higher U.S. debt limit



 

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