jack lew debt ceiling
The good news: Markets have gotten used to our dysfunctional political system.
At the stroke of midnight, March 16, 2015, the debt ceiling was again breached. The Treasury Department has begun "extraordinary measures" to forestall the certain default. Jack Lew must rob Peter to pay Paul.
In an interview with the Washington Post published Wednesday, Bachmann conceded that current negotiations should stress "pragmatism
"I want to emphasize the positive as we enter the holiday season," Obama said of the agreement, which averts a potential
"While this forecast is subject to inherent variability, we do not foresee any reasonable scenario in which the extraordinary
Obama had House Democrats over to the White House, while Republican conservatives heard a pitch from the House Budget Committee
We now have days not weeks to avoid a debt default. If Congress dishonors its "plighted faith," individual litigants will have no choice but to sue.
Some Republicans have suggested that once the debt ceiling is breached, President Barack Obama could take action on his own
Treasury Secretary Jack Lew blasted Congress on Sunday morning for "playing with fire" as the nation hurtles toward the federal
The "final extraordinary measures" are fairly technical, but according to the letter they include: WASHINGTON -- The Treasury
The debt ceiling will be reached Oct. 17 and the Department of the Treasury will have less cash on hand than it previously estimated, said Secretary Jack Lew in a letter released Wednesday.
The letter ratchets up the pressure on Congress to pass a bill raising the statutory borrowing authority of Congress. Congressional
Despite his stint on Wall Street, Lew doesn't have the type of financial experience that Geithner brought to the job at the