Jack Lew says final debt tools are being used

Published October 1, 2013 11:56pm ET



WASHINGTON (AP) — Treasury Secretary Jacob Lew says that he has now begun using all the extraordinary measures at his disposal to avoid hitting the debt ceiling.

In a letter to congressional leaders late Tuesday, Lew said that he started to use the final three bookkeeping tools available to provide borrowing room for paying the nation’s bills. Lew said that there are no other “legal and prudent” options for extending the borrowing authority.

Already a print subscriber? Click here to login/register your account

Trusted reporting.Unlimited access.

Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.

Get Unlimited Access

Already a member? Log in

Cancel anytime.