Items Tagged with 'Jack Lew'
October 4, 2013
In light of the Congressional shutdown and the looming debt ceiling deadline, Treasury Secretary Jack Lew published an editorial in USA Today, insisting that America is obligated to pay all of its bills and commitments.Read More
October 3, 2013
The U.S. Treasury has stepped into the debt limit fray, warning Thursday morning that if the United States were forced to default on its obligations, the consequences would be "catastrophic."Read More
September 25, 2013
U.S. Treasury Secretary Jack Lew warned Congress that the United States will exhaust its borrowing capacity no later than Oct. 17, at which point the government will have only $30 billion in cash on hand.Read More