US Treasury to reach debt ceiling in mid-October

The US Treasury Secretary Jack Lew has said that the country will reach its debt limit by mid-October and called on Congress to act "as soon as possible" to avoid such a situation. The government will not be able to borrow if the limit is not raised. via Pocket http://www.bbc.co.uk/news/business-23845905#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa