US to reach debt ceiling in October

"The US government will reach its debt limit by mid-October unless Congress acts quickly, Treasury Secretary Jack Lew has warned."



BBC linky



To an outsider this looks serious, but is it just another storm in a teacup? 'Make do and mend' after much hand-wringing in Congress?

via JREF Forum http://forums.randi.org/showthread.php?t=264370&goto=newpost