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Iowa Life

What Happens if America Defaults on Its Debt?

What Happens if America Defaults on Its Debt?

If the country defaults on its debt, millions of people would lose their jobs, retirement accounts would be decimated, Social Security payments could be delayed, Medicare and Medicaid benefits could be affected, and military members could see paychecks delayed.

LOCAL STORIES

The 4 Worst Moments From the Second Republican Presidential Debate

The 4 Worst Moments From the Second Republican Presidential Debate

The second debate featured seven candidates, who combined, are trailing frontrunner Donald Trump by a whopping 17 points in the polls, making it a bit of an exercise in futility. But even if the debate is unlikely to affect the outcome of the primary, it says a lot about the state of the Republican party.

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