Ron Paul: U.S. should declare 'bankruptcy'

Townhall.com Staff
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Posted: Jun 28, 2011 1:05 PM
Ron Paul: U.S. should declare 'bankruptcy'
NEW YORK (CNNMoney) -- How should the United States deal with its growing debt problem? Ron Paul thinks declaring "bankruptcy" might be a good idea.

The Texas congressman and Republican presidential candidate was discussing Greece's fiscal trouble with Iowa radio host Jan Mickelson on Monday when he was asked, "If bankruptcy is the cure for Greece, is it also the cure for the United States?"