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US default could mean ‘catastrophe’ for IT industry

US default could mean ‘catastrophe’ for IT industry

Via Federal technology news and events by Scott Maucione

The IT industry could suffer greatly in the event of a federal default.

The shutdown has already caused economic problems for IT companies, but if Congress drags its feet for another week, a federal default could make those troubles more severe.

“This could be a catastrophe,” said Deniece Peterson, director, federal industries analysis at Deltek.

Read more here.

 

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