9/17, 1:50 PM (Source: TeleTrader)
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Deese optimistic about raising debt limit

United States Director of the National Economic Council Brian Deese stated on Friday that he is confident and optimistic about Congress raising the debt limit.

Furthermore, Deese was adamant that it is "unspeakable and unthinkable" that anyone would allow the federal government to default on its own obligations.

Deese's comments come as the White House renews its pressure on Congress to raise the debt limit, with the GOP seemingly reluctant to do so. Meanwhile, private businesses also came out in support of lifting the debt limit.

Breaking the News / OL