New research from the Federal Reserve concludes that the European debt crisis is raising the odds of a U.S. recession, with economic contraction more likely than not by early 2012, according to Reuters.
Chance of Recession Next Year Tops 50%
Limited-time offer
Try Political Wire Free for 60 days
Members get Talking Points analysis, Trending News, the Polling Dashboard, the Trial Balloon podcast, new site features and no ads. Start your free trial
?Political Trivia
Eight moments in political history. Put them on a timeline.
Play →
Five senators. Three bills. Can you guess how they all voted?
Play →
Nine Justices. One case. How did they rule?
Play →
Do you have your finger on the pulse of America?
Play →
Four questions a day.
Play →
A new game every day.