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Debt Defaults are not Shutdowns, But Both Raise Money Fears

Possible U S default alarms firms

Rosemary Swierk s company builds about a dozen government buildings a year: Warehouses for helicopter parts. Vehicle maintenance facilities. Low-rises for any number of federal agencies.

Small businesses beginning to panic about a government default

Missed government payments – to businesses, but also to people who rely on food stamps, social security and other federal benefits – could quickly ripple through the economy.

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