Business fears potential U.S. default more than shutdown

A partial shutdown of the federal government is getting most of the attention in Washington, D.C., but what business leaders truly fear is the possibility that the government will default on debt sometime after Oct. 17. Some business lobbyists asking for an increase in the debt limit say they aren't sure they're having any effect on the standoff between Democrats and Republicans. Business groups are concerned a default could send the economy into a downward spiral.

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