Treasury Secretary Jack Lew on Thursday moved up the deadline for Congress to raise the nation's debt limit. Lew told congressional leaders in a letter on Thursday that the Treasury Department would exhaust special accounting measures no later than November 3, two days earlier than he had previously estimated. If Congress fails to raise the nation's debt ceiling by that date, the US could risk a first-ever default on its obligations. And the need to resolve the issue comes amid chaos in the House Republican caucus.
Read the rest of the story HERE:
Sheila Samples is an Oklahoma writer and a former civilian US Army Public Information Officer. She is a Managing Editor for OpEd News, and a regular contributor for a variety of Internet sites.