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News Link • Philosophy: Fascism

White House wants business to aid in debt cap fight

• Reuters

Worried that Congress will not act in time to raise the country's borrowing cap, the Obama administration is enlisting the business community to persuade lawmakers that a U.S. default will have dire consequences.

Outgoing White House economic adviser Austan Goolsbee is set to talk to a slew of business representatives this week, according to a person with knowledge of the meeting.


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