Treasury department to borrow money for pension fund - Beckley, Bluefield & Lewisburg News, Weather, Sports

Treasury department to borrow money for pension fund

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  • Woman suffers minor injuries after car rolls on I-77 in Raleigh County

    Woman suffers minor injuries after car rolls on I-77 in Raleigh County

    Wednesday, July 30 2014 10:13 PM EDT2014-07-31 02:13:55 GMT
    Car rolled multiple times on I-77 North in Raleigh County.Car rolled multiple times on I-77 North in Raleigh County.
    In Raleigh County, a woman is miraculously not seriously injured, after her car rolls over on I-77 around 6:30 Wednesday night.An eyewitness tells us the woman was driving in the left lane on the northbound side. She suddenly veered off the road, over corrected,then slammed into the side of a tractor trailer. The car rolled multiple times before coming to a stop on it's roof.The witness says two small dogs ran out of the car. Moments later, the woman crawled out and ran after one of the dogs....
    In Raleigh County, a woman is miraculously not seriously injured, after her car rolls over on I-77 around 6:30 Wednesday night.An eyewitness tells us the woman was driving in the left lane on the northbound side. She suddenly veered off the road, over corrected,then slammed into the side of a tractor trailer. The car rolled multiple times before coming to a stop on it's roof.The witness says two small dogs ran out of the car. Moments later, the woman crawled out and ran after one of the dogs....
  • Two Arrested on Burglary Charges

    Two Arrested on Burglary Charges

    Thursday, July 31 2014 1:06 AM EDT2014-07-31 05:06:28 GMT
    Yonts and McGee face several chargesYonts and McGee face several charges
    Two were arrested late Wednesday night (7/30) on several charges in Fayette County.
    Two were arrested late Wednesday night (7/30) on several charges in Fayette County.
  • Flag cut down at Raleigh County Public Library in Beckley

    Flag cut down at Raleigh County Public Library in Beckley

    Wednesday, July 30 2014 8:46 PM EDT2014-07-31 00:46:27 GMT
     The incident happened at midnight between Sunday, July 27 and Monday, July 28. Officials with the library said that a person stood outside the library a made sure that no one was inside at the time.
     The incident happened at midnight between Sunday, July 27 and Monday, July 28. Officials with the library said that a person stood outside the library a made sure that no one was inside at the time.

The Treasury Department says the government is now borrowing money from the federal employee pension fund.

The move allows the government to keep paying its bills while Congress debates an increase to the nation's debt limit.

Major credit rating agency Fitch is threatening to downgrade America's credit rating if lawmakers do not raise the borrowing limit.