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The IMF envisages that general government debt will reach 88% of the single-currency zone's GDP this year.
ECONOMIST: Eurobonds could restore confidence, but at a cost
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We also believe that the fiscal consolidation plan that Congress and the Administration agreed to this week falls short of the amount that we believe is necessary to stabilize the general government debt burden by the middle of the decade.
FORBES: S&P Downgrades U.S. Debt
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It is wrong to say that the payroll tax feeds into general revenues and the Trust Fund is not considered government debt (except when the total debt limit has to be raised).
ECONOMIST: Plugging the spending gap
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In April 2010, General Motors paid off their own bailout debt to the government.
FORBES: Don't Bet Against The American Worker-Ever!
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If the government has to shut down as a result of a standoff when the government's general operating budget expires in late March or the debt ceiling is not raised this spring, Republicans will continue to lose the public's confidence in their ability to govern and the reduction in services will highlight to Americans what the government actually does.
CNN: If spending is cut, GOP will get the blame
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There was also a persistent fear that the government might have so over-extended itself with debt that a general failure of markets was inevitable.
ECONOMIST: What did early 19th-century literary characters live on?
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Elsewhere thousands of Greek protestors have gathered in central Athens as unions hold a general strike against government austerity measures aimed at reducing the country's huge public debt and stabilising the euro.
BBC: Darling: Eurozone economies 'need growth'
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On Tuesday, the government run Directorate General of Civil Aviation (DGCA) ordered lessors with unpaid Kingfisher debt to confiscate 15 aircraft, most of them Airbuses.
FORBES: On Verge Of Bankruptcy, Kingfisher Airlines Loses Airplanes
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The tea-party scrutiny appeared to go a step further, though, with some applications flagged for specific types of political content, such as "issues that include government spending, government debt, and taxes, " according to emails obtained by the inspector general.
WSJ: IRS Has History of Extra Scrutiny of Groups