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Expert Not Sure How Debt Ceiling Default Will Affect Oregon


State Economist Tom Pitiowsky says it's hard to know exactly how a federal default would affect Oregon.  But he can surmise that federally-backed state programs that help low-income families will be hurting. Pitiowsky says the debt ceiling should be raised to prevent the default and the conversation should be separate from talks about reducing the national debt. Though efforts to reduce the debt should continue.

 

 

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