Detailed text transcripts for TV channel - FOXNEWS - 20131004:09:46:00
To stretch the county's borrowing company. they lose the ability to borrow money on october 17th if they don't raise the debt ceiling by then. here is lew. >> the dangerous thought that there is always something in the drawer. on tuesday i took the last steps i could take to create borrowing capacity. i don't have any more what used to be called extraordinary measure. >> once they run out of the ability to borrow it will have to operate on cash which lew says won't last long. the law has no play book for what happens next. if they default on the debt that will be the first time it ever happene...