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US Treasury Secretary Urges Swift Debt Limit Hikei
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October 10, 2013 4:12 PM
One week before a potential U.S. debt default, the Obama administration says lawmakers must raise America’s borrowing limit, and must do so promptly. As VOA’s Michael Bowman reports, Treasury Secretary Jacob Lew warned of severe economic and financial fallout if the U.S. government were suddenly to become insolvent.

US Treasury Secretary Urges Swift Debt Limit Hike

Published October 10, 2013

One week before a potential U.S. debt default, the Obama administration says lawmakers must raise America’s borrowing limit, and must do so promptly. As VOA’s Michael Bowman reports, Treasury Secretary Jacob Lew warned of severe economic and financial fallout if the U.S. government were suddenly to become insolvent.