Government warns borrowing cap could run out by Oct 17
Treasury Secretary Jack Lew warned Congress the United States would exhaust its borrowing capacity no later than October 17 leaving about 30 billion dollars in cash. The CBO forecast aligns with Treasury, predicting first missed payments between Oct 22 and Oct 31 as partisan fights over the debt limit continue.
MENTIONED IN THIS ARTICLE
Washington
U.S. Treasury
Jack Lew
Congress
United States
Lew
Treasury
House of Representatives
Congressional Budget Office
CBO
Treasury’s
Budget Office
Grassley aims to avert government shutdown risk
Senator Chuck Grassley voiced confidence a federal shutdown could be avoided even as a House GOP delay tactic lingered. He said the government could function on current revenue, with Obama able to prioritize spending. essential services would continue. The Senate moved toward a vote on a continuing resolution, potentially avoiding Obamacare funding cuts if House approves.
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Cedar Rapids
Chuck Grassley
Grassley
Barack Obama
Iowa
Senate
House
House of Representatives
Republican Caucus
Davis
Small Business Administration
Kenya to aid US on Kenya relations with Iowa professor view
An Iowa University professor who has lived in Kenya believes improved US Kenya relations are possible. Kenyan officials say forces will not leave Somalia. Interior Minister Ole Lenku notes cross border help from US Britain Israel Germany Canada Interpol in the probe. He expects no sharp rise in civilian deaths beyond 61 civilians and six security staff with five attackers dead. Investigators will pursue terrorists identities including DNA tests per a National Disaster Operation Centre official.
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Somalia
Joseph Ole Lenku
U.S
Kenya
Germany
Canada
Interpol
National
Reuters
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Obama
Repub
Lican House
John Boehner
Boehner
Michael Steel
James.lynch
Sourcemedia
Center Point Road
Hiawatha
Nairobi
Uhuru Kenyatta
Westgate
al-Shabab
Somalimemo.net
Ahmed Godane
Mukhtar Abu al-Zubayr
Godane
East Africa
Kismayu
Uhuru
Kenyatta
Mary Itate
Thomas Italo
University of Iowa
Edgewood Road
S. First Ave
Iowa City
Information Destruction, Inc. and
Goodwill Industries of the Heartland
RaheSee
Veridiancu.org
Hill Top
S. 11Th ST
Marion
Mwa Se
The-Mac
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