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U.S. to reach debt limit by May 16: Geithner

04-04-2011 • www.reuters.com

The United States will hit the legal limit on its ability to borrow no later than May 16, Treasury Secretary Timothy Geithner said on Monday, ramping up the pressure on Congress to act to avoid a default.

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U.S. to reach debt limit by May 16: Geithner

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