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U.S. pushes back day of reckoning on debt limit

Daily newsbrief journal for May 2011, also see http://www.usdemocrats.com/brief for a global 100-page perpetual brief and follow twitter @usdemocrats
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U.S. pushes back day of reckoning on debt limit

Postby admin » Mon May 02, 2011 3:49 pm

U.S. pushes back day of reckoning on debt limit
WASHINGTON (Reuters) - The Treasury on Monday pushed back the date when it expects the nation will run out of options for avoiding a default on its obligations by three weeks, buying more time to strike a budget deal with Congress.
http://feeds.reuters.com/~r/Reuters/Pol ... VO20110502
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