Money Together With Debt Ceiling Gets Personal
Waiting for almost a week before the country's borrowing limit must be revoked, the argument regarding the debt ceiling heats up, allowing your money sustained in balance. Despite the fact that the likelihood of a default is improbable, credit agencies have advised that they will reduce the country’s credit assessment if Washington cannot strike out a debt agreement as soon as possible. If the country drops its top AAA assessment, the country will benefit no more from obtaining the lowermost loaning risk and as a result, the lowest interest charges. That is the time for people to come in and interfere.
Excerpt:
“With less than a week to go before the nation's borrowing limit must be lifted, the debate over the debt ceiling rages on, with your money hanging in the balance.”
Original article can be found at:
http://money.cnn.com/2011/07/28/pf/debt_ceiling_impact/index.htm
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