USA

US Debt Crisis Likely to Hurt World's Lenders, Borrowers, Investorsi
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October 05, 2013 12:19 AM
While official Washington remains preoccupied with a government shutdown, many experts are more concerned about another looming crisis. The U.S. Treasury Department says the government will run out of money to pay its bills by October 17 unless President Barack Obama and Congress agree to allow the government borrow more money. As VOA’s Kent Klein reports, the impact would be felt by borrowers, lenders and investors around the world.

US Debt Crisis Likely to Hurt World's Lenders, Borrowers, Investors

Published October 04, 2013

While official Washington remains preoccupied with a government shutdown, many experts are more concerned about another looming crisis. The U.S. Treasury Department says the government will run out of money to pay its bills by October 17 unless President Barack Obama and Congress agree to allow the government borrow more money. As VOA’s Kent Klein reports, the impact would be felt by borrowers, lenders and investors around the world.


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