On the recordJuly 18, 2011
Denigration of the full faith and credit of the U.S. would have substantial effects on domestic financial markets and on the value of the dollar in exchange markets.
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congress.gov“Denigration of the full faith and credit of the U.S. would have substantial effects on domestic financial markets and on the value of the dollar in exchange markets.”
Boxer emphasizes the economic risks associated with undermining U.S. credit.
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