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16-10-2015, 02:40 AM
An honorable member of the Coffee Shop Has Just Posted the Following:
http://www.wsj.com/articles/u-s-coul...ays-1444914166 (http://www.wsj.com/articles/u-s-could-run-out-of-cash-nov-3-treasury-secretary-lew-says-1444914166)
U.S. Could Run Out of Cash After Nov. 3, Treasury Secretary Lew Says
Announcement moves forward the time the U.S. could hit its borrowing limit
ENLARGE
Treasury Secretary Jacob Lew, shown at a June news conference in Washington, said Thursday the government will exhaust its emergency cash-management measures by Nov. 3. PHOTO: ALEX WONG/GETTY IMAGES
By NICK TIMIRAOS And KRISTINA PETERSON
Updated Oct. 15, 2015 11:56 a.m. ET
74 COMMENTS
The U.S. government will exhaust its emergency cash-management measures by Nov. 3 and risks running out of cash shortly thereafter if the federal borrowing limit isn’t raised by Congress, Treasury Secretary Jacob Lew said Thursday.
MORE COVERAGE
Click here to view the whole thread at www.sammyboy.com (http://www.sammyboy.com/showthread.php?218332-US-Govt-Official-BANKRUPTCY-date-3rd-Nov-2015&goto=newpost).
http://www.wsj.com/articles/u-s-coul...ays-1444914166 (http://www.wsj.com/articles/u-s-could-run-out-of-cash-nov-3-treasury-secretary-lew-says-1444914166)
U.S. Could Run Out of Cash After Nov. 3, Treasury Secretary Lew Says
Announcement moves forward the time the U.S. could hit its borrowing limit
ENLARGE
Treasury Secretary Jacob Lew, shown at a June news conference in Washington, said Thursday the government will exhaust its emergency cash-management measures by Nov. 3. PHOTO: ALEX WONG/GETTY IMAGES
By NICK TIMIRAOS And KRISTINA PETERSON
Updated Oct. 15, 2015 11:56 a.m. ET
74 COMMENTS
The U.S. government will exhaust its emergency cash-management measures by Nov. 3 and risks running out of cash shortly thereafter if the federal borrowing limit isn’t raised by Congress, Treasury Secretary Jacob Lew said Thursday.
MORE COVERAGE
Click here to view the whole thread at www.sammyboy.com (http://www.sammyboy.com/showthread.php?218332-US-Govt-Official-BANKRUPTCY-date-3rd-Nov-2015&goto=newpost).