U.S. Treasury's Lew says doesn't see debt limit brinksmanship

Published May 07, 2013

| Reuters

U.S. Treasury Secretary Jack Lew said on Tuesday that he does not know of anyone in Congress who wants to have a "showdown" over the nation's debt limit.

"On the debt limit, I can't find anyone (in Congress) who wants to have a showdown," he told the City Club of Cleveland. "They understand it can't be a bargaining chip, because the mere negotiation over default hurts the economy."

(Reporting by Anna Yukhananov; Editing by Sandra Maler)

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