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Is it better to fight over government shutdown or the debt limit?

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A government shutdown won't be a huge deal. It will have many bad effects, but a brief shutdown has little lasting effect. Hitting the debt ceiling, on the other hand, is a far more dangerous situation. I don't buy the argument that hitting the debt ceiling automatically means defaulting on our debt (which is why you hear politicians use weasel phrases like "defaulting on our obligations"), but...

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