US Treasury Sec Lew says extraordinary measures will be exhausted no later than 3rd Nov

Jack Lew ringing the warning bell on the debt limit

  • The trend in the governments resource outlook continued to be negative
  • Operating without borrowing authority is irresponsible
  • Treasury would have less than $30bn after 3rd Nov
  • Calls on Congress to raise debt ceiling as soon as possible

The US gets ready to kick the can, at the last minute once again

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