Still No Debt Deal –

The weekend is coming to a close and there is no agreement on raising the debt ceiling.  Republican and Democratic negotiators have discussed short and long term debt ceiling increases.  Republicans prefer a short term increase that would require Obama to request more funding in early 2012.  Financial markets have started to react with the Dollar falling against the Euro, gold rising, and stock futures falling more than one percent.    

To read a related Reuters article, please click here:

http://www.reuters.com/article/2011/07/24/us-usa-debt-idUSTRE7646S620110724

Jim Sutliff

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