US Treasury Secretary Jack Lew has warned that the US will hit its debt ceiling by October 17 leaving the government with not enough cash to pay the bills.<br /><br />The government and Republicans are at loggerheads over extending the credit limit required to avoid default.<br /><br />Formally, raising the US debt ceiling posed no problems having been upped 78 times since 1960.<br /><br />...<br />http://www.euronews.net/
