WASHINGTON — With just days before the United States hits the danger zone for defaulting on its debt, Democrats made a fresh plea to the Republican-led Congress Friday to raise the borrowing cap.The nation’s debt ceiling — which caps the amount of money the Treasury Department can borrow to pay the nation’s bills — stands at $18.1 trillion. Treasury Secretary Jack Lew warned last spring that the country hit that number then, and that he was resorting to “extraordinary measures” to keep meeting America’s obligations.

Source: Dems Beg, Plead To Avoid Debt Catastrophe In 8 Days

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