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US never defaulted on its debt? Not so fast

US never defaulted on its debt? Not so fast

US never defaulted on its debt? Not so fast

This Aug. 19, 2012, file photo shows ...


WASHINGTON — You hear the same proud claim every time Washington wrestles with the debt limit: The United States has never defaulted. But the record's not that clean. America has stiffed creditors on at least two occasions.


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