CNBC: U.S. Could Face European-Style Debt Crisis: Congressional Report
CNBC : U.S. Could Face European-Style Debt Crisis: Congressional Report Published: Wednesday, 22 Jun 2011 | 9:55 PM ET By: AP The rapidly growing national debt could soon spark a European-style crisis unless Congress moves forcefully, the Congressional Budget Office warned Wednesday in a study that underscores the stakes for a bipartisan group working on a plan to reduce red ink .