WASHINGTON, DC - Ways and Means Committee Ranking Member Sander Levin (D-MI) today issued a statement in response to a letter from the U.S. Treasury Department that the U.S. government is projected to exhaust its extraordinary measures to continue financing the government no later than Nov. 3, 2015:
“The United States government cannot afford to default on its obligations, period. This letter makes even clearer the urgency with which Congress must act to make sure we don’t risk our nation’s full faith and credit. When Congress returns next week, we must work together to immediately raise the debt limit and avoid taking our nation once again to the brink of default."
