Commentary: Maya MacGuineas is the director of the fiscal policy program at the New America Foundation.

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Debt ceiling: Fix the problem without punting

The bipartisan debt ceiling negotiations led by Vice President Joe Biden went on life support Thursday after a key Republican lawmaker pulled out of the talks.

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Debt ceiling: Key Republican bolts talks

The bipartisan debt ceiling negotiations led by Vice President Joe Biden were thrown into question Thursday when a key Republican lawmaker pulled out of the talks.

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Debt ceiling talks on life support

U.S.

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Debt talks enter make-or-break week

Moody’s cuts Greece’s sovereign-debt rating by three notches, infuriating the Greek government and stoking dormant worries about whether a handful of euro-zone governments can avoid default.

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Greece downgrade stokes debt fears

Portugal’s debt woes spell more trouble for Europe

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Portugal’s Debt Woes Spell More Trouble For Europe

Europe urgently needs to implement a market-based emergency program to deal with overly indebted countries, which would then act as a bridge to creating a major European Monetary Fund. 19 Feb 2011 12:04 AM

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Debt reduction without default

The distressed debt market is set to grow as writedowns in the value of EMI Group Ltd.

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Distressed Debt Set to Grow as EMI, Yell Signal Second Restructuring Wave