U.S. Likely To Hit Debt Ceiling Sooner Than Believed:
The country's next fiscal crisis will come sooner than advertised.
Treasury Secretary Jack Lew on Wednesday sent a letter to House Speaker John Boehner (R-Ohio) warning that the country would likely exhaust the extraordinary measures used to stay beneath the debt limit by late February. In a previous letter to Boehner, Lew had projected the deadline might not be hit until early March.
No comments:
Post a Comment