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Tuesday, October 8, 2013

Will Washington Rise Above?

Rise Above
Rise Above: The Debt Threat
Continuing Coverage on CNBC

A stand-off in Washington…the economy and the markets caught in the stalemate. With the government shutdown and debt ceiling deadline looming, who's standing in the way of getting a deal done? All week, CNBC takes you beyond the talk and politics in search of the answers that could move America forward.

Alert: Tune-in at 2pm ET as President Obama delivers a statement from the Brady Press Briefing Room.  

White House open to short-term debt deal
White House
The White House signaled it would accept even a brief extension in borrowing authority to prevent an unprecedented default.
 
» Read more

Six dangerous myths about the debt ceiling
Debt Threat
With Congress dragging its feet on raising the debt ceiling, there are a lot of silly ideas making the rounds of blogs—and the halls of Congress. Here are six of the most dangerous misconceptions being offered by those who doubt the severity of the havoc a debt freeze would unleash.
 
» See Slideshow

Breaking down the federal furloughs
Smart Technology
You've likely heard the number about 800,000 times already: Approximately that many federal workers have been furloughed because of the partial government shutdown that began last Tuesday. That number will be cut nearly in half now that Defense Secretary Chuck Hagel has called back almost all of the roughly 350,000 furloughed civilian employees of the Defense Department.
 
» Read more

Stroke

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