Currency Analyst since 2010

Warnings from US Treasury Secretaty Lew

US Treasury Secretary Jacob J. Lew warned that the political drama surrounding the debt limit hurt American economy and must not be repeated.

Lew underlined that even getting close to the breaching the debt ceiling “does do some damage” pointing though that the US has “a resilient economy.”

According to Lew, America should improve its long-term fiscal health and adopt “a comprehensive package that shrinks our deficits, protects Medicare and Social Security for those who rely on it, and expands our economy well into the future.”


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