US Treasury warns debt default could be ‘catastrophic’ –

U.S. News & World Report
US Treasury warns debt default could be 'catastrophic'
The Obama administration said the U.S. economy could fall into its deepest crisis since the Great Depression if Congress does not raise a cap on government borrowing soon and warned it would be impossible to prioritize debt payments over other 
Treasury Says US Default Potentially 'Catastrophic'Fox Business
U.S. Stocks Retreat While Treasuries Advance on ShutdownBloomberg
Economists fear debt ceiling fight may bring recessionCNN
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