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Jack Lew

A collection of news and information related to Jack Lew published by this site and its partners.

Top Jack Lew Articles

Displaying items 34-44
  • U.S. could face default as early as Oct. 22, new analysis finds

    U.S. could face default as early as Oct. 22, new analysis finds
    WASHINGTON -- The federal government would be unable to pay all its bills and face default as early as Oct. 22 and no later than Nov. 1 if the debt limit is not raised, according to an analysis released Tuesday by the Bipartisan Policy Center. The think...
  • Finance executives warn Washington not to risk a government default

    Finance executives warn Washington not to risk a government default
    WASHINGTON — To Wall Street, the partial government shutdown is another unfortunate economic speed bump caused by partisan political fighting. Failure to raise the debt limit, triggering a first-ever federal default, would be a brick wall on the...
  • No movement in budget standoff, but some hints at how it could end

    No movement in budget standoff, but some hints at how it could end
    WASHINGTON — Neither side in the standoff over the federal budget showed signs of movement Sunday as the shutdown of government agencies moved toward its second week, although both hinted at some aspects of what a potential deal eventually could...
  • Government shutdown doesn't buy much more time on debt limit

    Government shutdown doesn't buy much more time on debt limit
    WASHINGTON -- The partial government shutdown reduces the federal government's expenses but not enough to significantly push back the mid-October date by which the debt limit needs to be raised, according to Treasury Department officials and a think-...
  • Government shutdown Q&A: Why it's about to get more complicated

    Government shutdown Q&A: Why it's about to get more complicated
    Like many bad things in life, the current standoff over money to keep federal programs running has proved easier to stumble into than to get out of. Now the stalemate is about to get more complex. The reason: Congress has a second deadline to deal with....
  • Looming debt-ceiling fight complicates government shutdown

    Looming debt-ceiling fight complicates government shutdown
    You could see this one coming. Politico reported late Tuesday that congressional leaders are starting to talk about two fiscal crises merging in the days ahead. Federal agencies have partially shut down because House Republicans refuse to pass a bill to...
  • Majority of Americans want debt limit raised, poll finds

    Majority of Americans want debt limit raised, poll finds
    WASHINGTON -- A majority of Americans want Congress to raise the nation's $16.7-trillion debt limit and would blame Republicans if it isn't, according to a poll released Wednesday. About 56% of respondents said it would be bad for the country if the...
  • House GOP digs in on government shutdown, debt fights

    House GOP digs in on government shutdown, debt fights
    WASHINGTON – House Republicans are pursuing an all-of-the-above strategy to halting President Obama’s healthcare law, using the threat of next week’s government shutdown and the need to raise the debt limit in mid-October as leverage...
  • Debt limit deadline is Oct. 17, Treasury secretary says

    Debt limit deadline is Oct. 17, Treasury secretary says
    WASHINGTON -- The nation's debt limit must be raised by Oct. 17 to avoid a potential default, Treasury Secretary Jacob J. Lew told congressional leaders Wednesday in setting a firmer deadline for lawmakers to break a stalemate. He urged Congress to "act...
  • U.S. will hit debt limit between Oct. 18 and Nov. 5, analysis says

    U.S. will hit debt limit between Oct. 18 and Nov. 5, analysis says
    WASHINGTON -- The Treasury Department will be unable to pay all the nation’s bills starting sometime between Oct. 18 and Nov. 5 unless Congress raises the debt limit, according to a private analysis released Tuesday. The new "X date" from the...
  • Warren Buffett says not raising debt limit would be 'damn dumb'

    Warren Buffett says not raising debt limit would be 'damn dumb'
    WASHINGTON -- Billionaire investor Warren Buffett said a failure to raise the nation's $16.7 trillion debt limit would be "pretty damn dumb" as Democrats and Republicans square off in a showdown that could lead to the first-ever federal government...