borrowing

Treasury Secretary Jacob Lew says the just-resolved budget fight was "a little bit scary" because it "got close to the edge," and the lesson has to be that U.S. won't be put in that position again. (Photo by Alex Wong/Getty Images)

Study: US Could Default As Early As Oct. 18

A new study predicts the United States could default on its obligations as early as Oct. 18 if Washington fails to agree on legislation to raise the government’s borrowing cap.

09/10/2013

File photo of Treasury Secretary Jack Lew. (credit: Getty Images)

Treasury To Pay Off Debts For First Time Since 2007

The U.S. Treasury is doing something it hasn’t done in almost six years: paying off some debt.

05/02/2013

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