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What do Michael Bennet and Paul Ryan have in common? Both participated Tuesday in a conference hosted by the Committee for a Responsible Federal Budget entitled “The Debt Ceiling, Fiscal Plans, and Market Jitters: Where Do We Go from Here?”
The stock market dipped this week following news that the S&P Index dropped its outlook on the United States’ credit rating from “stable” to “negative.” The cut isn’t an official assessment, but merely a hint at what may be in the cards for America’s credit rating if the national debt isn’t tackled.
Both houses of Congress adjourned last night without passing an unemployment benefits extension of any kind, leaving for a weeklong holiday with more than...