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WASHINGTON, Oct 14 (AFP) - US President George W. Bush's administration said Thursday it will temporarily stop paying into a federal retirement fund to avoid hitting a 7.38-trillion-dollar debt ceiling.
US Treasury Secretary John Snow said he would suspend payments immediately to the federal employees' Government Securities Investment Fund (G-Fund) in order to keep the government running.
I know its a record deficit...but how is Robbing Peter to pay Paul good for any economy
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