Looming debt-ceiling deadline leads companies to consider plan B

07/28/2011 | Washington Post, The

As Tuesday's deadline to raise the debt ceiling looms, some companies are starting to brace for the chaos and uncertainty that is expected if the government is unable to pay its bills or has its credit rating downgraded. Many, however, remain confident that a deal will be reached. "We always engage in contingency planning, but we believe that Congress will address the debt ceiling and deficit issues," said Scott Talbott, senior vice president of government affairs for The Financial Services Roundtable.

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