Carney says treasury secretary will use extraordinary measures if Congress does this again in Feb

[apples and oranges]

A reporter asked Carney why investors shouldn't worry that this will happen again in 4 months, and he said the agreement they're reached reaffirms the authority of the treasury to use extraordinary measures.

[PoliticAverse]

1. In other words same thing as this time that extended the process until Oct 17th. n/t

[apples and oranges]

3. Is that what he means? The treasury secretary will simply delay the deadline?

That doesn't sound extraordinary to me.

[PoliticAverse]

4. One of the things Republicans wanted to get into this bill was a prohibition on the Treasury

using the 'extraodinary measures' they've been using (and have used in the past) to drag out the
actual debt limit ceiling hit date. That apparently didn't make it into this final bill so the deadline
will be delayed until some as yet unspecified date using the same type of 'extraordinary measures'
if it happens again.

For more background info see:
http://www.washingtonpost.com/blogs/wonkblog/wp/2013/10/10/the-republicans-want-to-take-away-treasurys-extraordinary-measures-wait-what/

[DonCoquixote]

2. I would love to see Janey Yellen

eat some GOP for breakfast! Watch the Elephants do everythign they can to stop her, and I do mean everything, as in , Ms. Yellen, watch out for GOP dirty tricks.