World

A Threat to American Prosperity Worse Than Congress

Oct. 16 (Bloomberg) -- The good news from Washington is that plans to extend the debt-ceiling farce into 2014 are moving forward on a bipartisan basis. The chances that the U.S. government may soon resume its functions temporarily and that there’ll be no default on U.S. sovereign debt for as much as several months appear to have improved.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.