24/7 Newsfeed

Put Reason 24/7 on Your Site

RSS

Follow Reason 24/7 on Twitter and via RSS

Russian Finance Minister: Lew, Bernanke Told G20 Officials Debt Ceiling Stalemate Will Be Resolved Before Oct. 17

(Reuters) - U.S. Treasury Secretary Jack Lew and Federal Reserve Chairman Ben Bernanke told officials of other G20 economies on Thursday that the standoff over the U.S. debt ceiling will be resolved before an October 17 deadline, Russia's Finance Minister Anton Siluanov said.

The U.S. Treasury has said it could quickly run out of cash if the cap on U.S. borrowing authority is not raised by October 17.

Source: Reuters . Read full article. (link)

Editor's Note: We invite comments and request that they be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of Reason.com or Reason Foundation. We reserve the right to delete any comment for any reason at any time. Report abuses.

advertisement