Dagong said that the decision to increase the borrowing limit will not change the fact that the US national debt growth has outpaced that of its overall economy and tax revenue, which will lead to a decline in its debt-paying ability and the probability that the debt crisis will deepen.

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But holding credit card debt rather than medical debt could hinder your ability to get financial assistance if you run into trouble paying your bills.

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However, with the number of people unemployed and in poverty at such high levels, and wages stagnant to declining, people do not have the ability to consume to drive our economy, nor are they paying taxes that help reduce our debt that so many people are concerned about.

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Her support at home, however, is hinged on her ability to convince voters they are not paying too much for the mistakes of their neighbors, like debt-heavy Greece and Italy.

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