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Treasury Official: US Lawmakers’ Bickering Poses Threat

U.S. Treasury Secretary Jack Lew said he worries congressional bickering could cause a financial "accident," seriously hurting markets and damaging the overall economy. Lew spoke Wednesday at the left-leaning Center for American Progress, saying Washington faces a "very real" November 3 deadline to increase the legal authority to borrow money to pay debts incurred by the government. Without an increase in the debt limit, Lew said the treasury will be unable to fully...

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