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)
Watch Toyota Turn Its Cars Into Co-Pilots
28:52 - Toyota has raised the stakes in the automated driving game, with a hands-free system that could be in your car by the end of the decade. Bloomberg News auto reporter Craig Trudell had a test-drive on the busy Tokyo Metropolitan Highway. (Source: Bloomberg)
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