By mid-February, the U.S. Treasury could exhaust options to contain debt

U.S. Treasury Secretary Timothy Geithner joined U.S. President Barack Obama and the head of the Federal Reserve Ben Bernanke urged Congress as soon as possible to solve the issue of increasing the debt ceiling from the current $ 16.4 trillion. "Congress must act as quickly as possible to increase the normal powers of borrowing in order to avoid the risk of default and any interruption in payments," - said in a letter from the Minister to the Speaker of the House of Representatives, Republican John Boehner, published on the official website of the Ministry of Finance. Available to the Read more [...]
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