Debt-Hit U.S faces surge in interest payments

Debt-Hit U.S faces surge in interest payments...

Posted: 11.23.09 @9:14AM

Last Updated: 11.23.09 @9:14PM

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(NBC) WASHINGTON - The United States government is financing its more than trillion-dollar-a-year borrowing with I.O.U.’s on terms that seem too good to be true.

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