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Home > Lew Warns D(ebt-Ceiling)-Day Is Oct 17 (Full Letter)

Lew Warns D(ebt-Ceiling)-Day Is Oct 17 (Full Letter)

By Tyler Durden
Created 09/25/2013 - 08:20
Tyler Durden's picture [1]
Submitted by Tyler Durden [1] on 09/25/2013 08:20 -0500



 

In a new letter to Congress, the political rhetoric is on the rise as Treasury Secretary Lew warns:

  • *LEW SAYS EXTRAORDINARY MEASURES EXHAUSTED NO LATER THAN OCT. 17

Adding that results could be catastrophic if the US government is unable to pay its bills, he warned that any attempt to priotize payments would "Default by another name."

 

CRL_092513_132542 [3]

 

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Source URL: http://www.zerohedge.com/news/2013-09-25/lew-warns-debt-ceiling-day-oct-17

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[3] http://www.scribd.com/doc/170876984/CRL-092513-132542