USA

US Treasury Secretary Urges Swift Debt Limit Hikei
X
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.


You May Like

Lesotho Faces New Round of Violence, Political Crisis

Brutal killing of military officer has sent former leaders back into S. Africa where they're watching anxiously as regional officials head in to try to restore peace More

Video US Diplomat Expects Adoption of Bosnian Massacre Anniversary Resolution

Samantha Power says there's broad consensus about killings in Bosnia's war, but Russia calls resolution 'divisive,' backs UN countermeasure More

UN Report Exposes Widespread Boko Haram Atrocities

Damning report graphically details pattern of vicious, widespread atrocities committed by Islamist militants More