Mitch McConnell Pledges To Avoid Debt Ceiling Disaster
Senate Majority Leader Mitch McConnell (R-Ky.) said Sunday that despite his differences with President Barack Obama, he has no interest in shutting down the government or causing it to default on its debt.
Treasury Secretary Jack Lew warned Congress on Friday that on March 16 the government would no longer have authority to take on debt to pay for spending Congress has already approved. If lawmakers don't raise the so-called "debt ceiling" by then, Lew said the Treasury Department can take "extraordinary measures" to continue government oper