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Thursday, Jul 21
2011, 5:55 PM
Ronald Reagan on the debt ceiling: "Unfortunately, Congress consistently brings the Government...
Ronald Reagan on the debt ceiling: "Unfortunately, Congress consistently brings the Government to the edge of default before facing its responsibility. This brinkmanship threatens the holders of government bonds and those who rely on Social Security and veterans benefits. Interest rates would skyrocket, instability would occur in financial markets, and the federal deficit would soar."