''Treasury Quietly Warns: 'Expect Debt Limit to Be Reached Near End of 2012''

From CNS News

''The U.S. Treasury quietly warned at the end of a statement issued last Wednesday that it expects the federal government to hit its legal debt limit before the end of this year--which means before the new Congress is seated--and that "extraordinary measures" will be needed before then to keep the government fully funded into the early part of 2013.''

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