New York Times (March 3)
2011/ 03/ 04 by jd in Global News
In the U.S., conservatives are creating false alarm that federal and state governments may go bankrupt. “A country with a deficit is not necessarily any more ‘broke’ than a family with a mortgage or a college loan. And states have to balance their budgets. Though it may disappoint many conservatives, there will be no federal or state bankruptcies.”
Tags: Bankruptcy, Budget, Government, U.S.