Treasury Secretary Jack Lew: US economy facing ‘irrevocable damage’

U.S. Treasury Secretary Jacob Lew on Thursday urged Congress to raise the government’s borrowing limit before Oct. 17, warning that a Republican idea to prioritize payments could cause “irrevocable damage” to the U.S. economy.

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EconomyUnited Statesdebt ceilinglocalgovernment shutdown2735027543001
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