Lew: Not Raising Debt Limit Would Be ‘Disastrous’

Aug. 22 (Bloomberg) -- U.S. Treasury Secretary Jacob J. Lew said a failure by Congress to raise the $16.7 trillion debt limit would “have disastrous effects for our nation” and could put at risk payments to Social Security recipients and veterans. Peter Cook reports on Bloomberg Television's "Street Smart." (Source: Bloomberg)

As Heard on 'Bloomberg ‹GO›': 11/30
27:30 - Nigel Travis, group chairman and chief executive officer at Dunkin' Brands, Dave Clark, senior vice president of operations and customer service at Amazon, Tobin Moore, co-founder and chief executive officer at Optoro, and Milton Berg, chief executive officer at MB Advisors, weigh-in on the news of the day on "Bloomberg ." (Source: Bloomberg)
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