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>> JACK LEW Latest News

JAN 16, 2014 - MarketWatch

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U.S. shouldn't default on debt, Boehner says

WASHINGTON (MarketWatch) - The U.S. shouldn't default on its debt, House Speaker John Boehner said Thursday. Earlier, Treasury Secretary Jack Lew urged Congress to act quickly to raise the U.S. debt limit, which is suspended through Feb. 7. Lew said so-called extraordinary measures to stay under the borrowing limit may run out "at the end of February" rather than in March. Republicans have said they will demand some sort of concessions for raising the borrowing limit, but Boehner offered no details. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they ... Read More

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