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Federal Reserve Governor Randall Kroszner said that small businesses are having a difficult time in accessing credit given the current economic environment. Testifying before the U.S. House Small Business Committee in Washington, DC, Kroszner said that credit to small businesses has tightened substantially...
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The U.S. will borrow a record $550 billion from October to December . In its previous estimate, the Treasury said it expected to market $142 billion in debt. "The increase in borrowing is primarily due to higher outlays related to economic assistance programs, lower receipts, and lower net issuances...