America Breaking News: Treasury's Lew: Congress Needs to Pass Debt Limit

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America Breaking News: Treasury's Lew: Congress Needs to Pass Debt Limit

America Breaking News: Treasury's Lew: Congress Needs to Pass Debt Limit
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America Breaking News: Treasury's Lew: Congress Needs to Pass Debt Limit

by Wochit 0:52 mins

Treasury Secretary Jack Lew said that Congress needs to raise the debt limit and take away the "cloud of uncertainty" about the nation's ability to pay its bills. Anthony Weiner acknowledged that his campaign manager has quit after new revelations of lewd online behavior but said he is not dropping out of the race for New York City mayor. U.S. Treasury Secretary Jack Lew warned Congress against manufacturing a crisis over federal spending in the months ahead, as looming deadlines set the stage for a repeat of the political deadlock which two years ago triggered worldwide financial market turmoil.

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