the WHITE HOUSEPresident Barack Obama

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The White House
Office of the Press Secretary
For Immediate Release

Letter from the President to the Speaker of the House of Representatives and the President of the Senate Regarding the Debt Limit

TEXT OF A LETTER FROM THE PRESIDENT
TO THE SPEAKER OF THE HOUSE OF REPRESENTATIVES
AND THE PRESIDENT OF THE SENATE

October 17, 2013

Dear Mr. Speaker: (Dear Mr. President:)

Pursuant to section 1002(b) of the Continuing Appropriations Act, 2014, I hereby certify that absent a suspension of the limit under section 3101(b) of title 31, United States Code, the Secretary of the Treasury would be unable to issue debt to meet existing commitments.

Sincerely,

BARACK OBAMA