Published October 03, 2013
There are new worries about the consequences of the U.S. government shutdown. The Treasury Department says failure to reach a deal on the country’s financial obligations, including the debt ceiling, could plunge the U.S. economy into a recession. On Thursday, the International Monetary Fund said that, without a deal soon, the ongoing fiscal problems of the United States could drag the rest of the world with it. Mil Arcega has more.