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>> JACK LEW Latest News

OCT 14, 2013 - Zero Hedge

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Here's How The October 17 "Debt Deadline" Could Be Breached Even With A Last Minute Deal

With two days to go to until dreaded October 17 D-Day (on which incidentally, very little of note will happen, because as Goldman explained earlier today, that is simply the date past which the Treasury can no longer borrow, but still has some $30 billion in cash which could last to fund the Treasury's needs as long as the end of the month if not longer) Washington is now openly playing with fire. Because for all the hopeful talk of an imminent deal on Thursday, then on Friday, then today, not only is there nothing substantive on the table, but Obama will not even meet with the Senate, let ... Read More

Tags: Here's How The October 17 "Debt Deadline" Could Be Breached Even With A Last Minute Deal,  Jack Lew Latest News