House and Senate leaders yesterday began working separately to craft their own fallback plans to raise the debt limit, as nervous markets dipped in response to the stalemate in the Capitol.
The value of the dollar and US stock market futures declined modestly with nine days remaining until America faces a default on its debt. The price of gold shot up as investors began seeking safe havens for cash.
Monday, July 25, 2011
Fallback debt plans in works:Even limited approaches are drawing ire; markets dip as default date nears
The Boston Globe reports:
