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IMF warns Japan, USA that debt must be dealt with
By: Bill O'ReillyJanuary 28, 2011
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STORY EXCERPT
Reuters: Japan and the United States faced new pressure to confront their swollen budget deficits as the IMF and rating agencies demanded more evidence they can bring their public debts under control. The International Monetary Fund said the G7's two biggest economies needed to spell out credible deficit-cutting plans before the markets lose patience and dump their bonds.
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