Groups urge Congress to lift the debt ceiling

05/12/2011 | Bloomberg · Hill, The

Dozens of financial-industry groups, including The Financial Services Roundtable, appealed to Congress to increase the federal debt limit. "The failure to increase the statutory debt limit in a timely fashion could have a significant and long-lasting negative impact on the U.S. economy," the groups wrote in a letter to lawmakers. The groups also emphasized their concern about the debt and budget deficits.

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Bloomberg · Hill, The

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