| Abstract: | NEW YORK (Standard&Poor's) Oct. 9, 2009--Standard&Poor's Ratings Services expects the U.S. government's $12.1 trillion debt limit to be increased this quarter, according to an article published today on RatingsDirect "The U.S. Debt Ceiling: As Headroom Shrinks, It?s Time To Raise The Roof Beams." On Sept. 30, 2009, public debt subject to the limit totaled $11.9 trillion, leaving $250 billion headroom. "Although the required legislation may become enmeshed in other current political debates, which will raise uncertainty in the government debt markets and may disrupt some government functioning, we do not believe that the debt ceiling issue will prevent timely service of U.S. federal government debt," according to John Chambers, chairman of Standard&Poor's sovereign rating
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