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IMF chief: U.S. dance with the debt limit is ‘very, very concerning’
Posted By admin On October 14, 2013 @ 4:55 am In Featured Stories,U.S. News | Comments Disabled
Tom Howell Jr.
Washington Times 
October 14, 2013
The chief of the International Monetary Fund says the U.S. government’s stalemate over spending and its debt limit is “very, very concerning” and could roll back economic progress around the world.
Christine Lagarde, who took over the financial watchdog-and-rescue organization in 2011, said global finance ministers assembled for meetings in Washington last week feeling like Japan had finally turned the corner and that economies in the U.S. and Europe were on the upswing.
“And then they found out that the debt ceiling was the issue,” she said Sunday on NBC’s “Meet the Press.” “They found out that the government had shut down and that there was no remedy in sight. So it really completely transformed the meeting in the last few days.”
Ms. Lagarde, a lawyer from France, added a global perspective to the standoff that has roiled Washington for weeks and befuddled overseas investors who typically view the U.S. as a paragon of financial rectitude.
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URLs in this post:
 Washington Times: http://www.washingtontimes.com/news/2013/oct/13/imf-chief-us-dance-debt-limit-very-very-concerning/
 IMF chief urges U.S. to immediately resolve debt spat: http://www.prisonplanet.com/imf-chief-urges-u-s-to-immediately-resolve-debt-spat.html
 German Leader and I.M.F. Chief Split Over Debt: http://www.prisonplanet.com/german-leader-and-i-m-f-chief-split-over-debt.html
 US Debt Limit Fight Would Be ‘Catastrophic’: White House: http://www.prisonplanet.com/us-debt-limit-fight-would-be-catastrophic-white-house.html
 US to reach debt limit by May 16: Treasury: http://www.prisonplanet.com/us-to-reach-debt-limit-by-may-16-treasury.html
 Geithner: Raise U.S. debt limit to infinity: http://www.prisonplanet.com/geithner-raise-u-s-debt-limit-to-infinity.html
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