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

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."

 

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