Joined Nov 11, 2007
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Analyst Puts Debt Ceiling Deal @ 40% by August 2; Downgrade Now a Base Case for the U.S.

“Laperriere said in a note to clients today that there are “strong policy and political incentives” for President Barack Obama and House Speaker John Boehner to reach a deal. “That’s still possible, but a deal that would alter the trajectory” of the ratio of federal debt to gross domestic product “now appears unlikely,” he wrote.”

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