Treasury to hit $16.7 trillion debt limit in mid-October

The U.S. will hit the $16.7 trillion debt ceiling in mid-October, Treasury Secretary Jack Lew said in a letter urging Congress to raise the limit “as soon as possible.” “Extraordinary measures are projected to be exhausted in the middle of October,” Lew said in the letter on Monday to House Speaker John Boehner and other ... (more)

http://www.sbsun.com/business/20130827/treasury-to-hit-167-trillion-debt-limit-in-mid-october