United States Treasury Secretary Tim Geithner (Timothy f. Geithner) on Monday (April 5), United States reach the statutory limit of debt the time late no later than May 16, it enhances the urgency in Congress to take action to avoid a debt default.
Mr Geithner said in a letter to Congressional leaders, " late times of Congressional action, domestic and foreign investors to lose confidence in our ability to implement commitments and responsibilities of the greater risk; United States debt would have been unthinkable. &Quot;
, United States Treasury was expected to be reached during the April 15 14.3 trillion dollar statutory debt limit.
ended on Friday, only US $ 95 billion from the limit.
some Republican members have sought the use of the need to increase the debt limit, as to the Government of President Barack Obama pressed to agree to a means of massive budget cuts.
