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Raise Debt Limit

Failure To Raise U.S. Debt Limit 'Very Serious' For Global Economy, IMF Chief Says

AP | By CHRISTOPHER S. RUGABER and PALLAVI GOGOI | Posted 09.25.2011 | Business

WASHINGTON -- The impact of a failure to raise the U.S. borrowing limit could extend beyond America's borders and damage the global economy, the chief...