Treasury Accused by GOP Staff of Misleading on Debt Limit

  • Treasury withheld contingency planning, Republicans charge
  • Lew has called prioritizing payments `default by another name'

Jacob Lew, U.S. secretary of the Treasury, listens during a discussion at the Clinton Global Initiative CGI America meeting in Chicago on June 13, 2013

Photographer: Daniel Acker/Bloomberg

Republican staff on the House Financial Services Committee accused the Obama administration of misleading the public about contingency plans during recent debt-ceiling showdowns and obstructing a subsequent congressional probe into the matter.

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