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Showing blog posts tagged with federal deficit

Will Rep. Cantor Rake in Massive Windfall if Government Defaults?

When Republicans walked out of budget talks last week, short-circuiting efforts to ensure the federal government does not default on its loans, the Republicans’ chief budget negotiator, Eric Cantor, led the way. Now in a stunning revelation, Salon reports that Cantor may have a vested interest in making sure the government defaults on its loans–he stands to gain substantial sums of money if it does.

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