Warning that "simply delaying action on the debt limit
can cause harm to our economy," Treasury Secretary Jacob Lew repeated
Monday that he believes Congress should act soon to raise that limit so
the federal government avoids even looking like it might default on its
debts.
"Time is short," Lew also told an audience at the Bipartisan Policy Center,
a Washington, D.C.-based nonprofit organization founded by four former
Senate majority leaders — Republicans Howard Baker and Bob Dole; and
Democrats Tom Daschle and George Mitchell.
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