Time to cut off this incompetent, squanderer, loser of a 'community organized' at the pockets!

Obama has no clue how to administrate, just dictate as if he ran a third world country, which by the way, is where he belongs. m/r



Debt Ceiling Deadline Now Late February, Lew Says - Business Insider

BRETT LOGIURATOJAN. 22, 2014



The U.S. is likely to exhaust its borrowing authority on the earlier side of what Treasury Secretary Jack Lew had estimated, he said in a letter to Congressional leaders on Wednesday. 

Lew warned in the new letter that Congress will likely need to raise the debt ceiling by late February to avoid a potential default on the country's obligations. 

As part of the bill to reopen the government in mid-October, the debt limit was suspended through Feb. 7. The Treasury can use so-called "extraordinary measures" after that point to keep borrowing and paying the nation's bills for a few weeks thereafter.

Read more: http://www.businessinsider.com/debt-ceiling-deadline-february-limit-treasury-2014-1#ixzz2rFHyUQkB