WASHINGTON - Ways and Means Committee Ranking Member Sander Levin (D-MI) made the following statement after Treasury Secretary Lew told Congress today that the United States will hit the limit of its borrowing authority in mid-October after having exhausted extraordinary measures:
“With just nine legislative days currently scheduled in September, Republicans must return to Congress prepared to move beyond the kind of brinksmanship that undermined our economic recovery two years ago. It is time for Republicans to do the right thing - not the far right thing - and put the American economy first. Congress must pay its bills based on the legislative bills that it has passed, living up to our obligations and paying our bills just like the American family does."
