Local blow: Default would trickle to Fox Valley

Banking, investing, social safety net on the line

9:59 AM, Oct. 15, 2013
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With the potential of a U.S. default on the horizon, Fox Valley bankers, economists and county leaders are on edge.

The consensus: If authority isn't given to raise the nation's borrowing authority above the $16.7 trillion debt limit by Thursday, consequences Friday could be moderate. But there's a possibility it could cause a huge dent in the economy.

"We're frustrated. I think that's the best word," said Michael Steppe, chief investment officer at Nicolet National Bank, which has branches in Appleton. "It seems more like a game than a serious effort at governing the nation. It creates ...

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If you've ever answered "Who has the ball?" with "It's halftime," you might recognize The Airhead. Check out the characters in our cartoon gallery of oddball fans.

Special Reports