Fox News has learned that Obama administration officials have privately told bankers that the administration will not allow a default to happen even if the debt cap isn't raised by the August 2 date.
http://www.foxbusiness.com/markets/2011/07/25/obama-to-banks-were-not-default...Fox News has learned that Obama administration officials have privately told bankers that the administration will not allow a default to happen even if the debt cap isn't raised by the August 2 date. http://www.foxbusiness.com/markets/2011/07/25/obama-to-banks-were-not-default... ...
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