Jack Lew – The European Union Times ⚡ Shocking Hidden News Reports ⚡ https://www.eutimes.net We deliver exclusive hidden news that you won't just find anywhere, information that nobody wants you to know about. Updated 1 minute ago. Tue, 17 Mar 2015 11:04:38 +0000 en-GB hourly 1 https://wordpress.org/?v=6.4.3 US blows through $18 trillion Debt Limit https://www.eutimes.net/2015/03/us-blows-through-18-trillion-debt-limit/ https://www.eutimes.net/2015/03/us-blows-through-18-trillion-debt-limit/#respond Tue, 17 Mar 2015 11:04:38 +0000 http://www.eutimes.net/?p=36487 On Monday, the US reached its legal debt limit of $18 trillion, more than the country’s entire GDP. Lawmakers will either have to again lift it, or attempt to cap spending. As of March 12, the US Treasury reported federal debt at $18,114,324,000,000.00 in its daily treasury statement. This figure is above the statutory debt […]

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]]> https://www.eutimes.net/2015/03/us-blows-through-18-trillion-debt-limit/feed/ 0 US Treasury: Default would be ‘catastrophic’ https://www.eutimes.net/2013/10/us-treasury-default-would-be-catastrophic/ https://www.eutimes.net/2013/10/us-treasury-default-would-be-catastrophic/#respond Thu, 03 Oct 2013 22:46:40 +0000 http://www.eutimes.net/?p=29515 The US Treasury has warned of catastrophic effects if a political stalemate over raising the government’s debt limit forces a US default on its obligations. The federal government is expected to exhaust its cash reserves by October 17 and if US lawmakers do not reach an agreement to raise the nation’s debt ceiling, the government […]

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