Comments just out from an interview with CNBC
- says he worries about an "accident" amid debt limit debate
- waiting for last minute on debt limit invites risk
- Treasury to run out of extra measures by 3 Nov
- US budget system is set up to pay its obligations
- govt can't pick and choose what bills it pays
Lew giving big word of warning to get US debt deal done
Declines to comment on monetary policy
- China fx report due out later today
- there's still room for yuan to appreciate
- US watchdog to ensure China meets fx obligations
Meanwhile back to US matters
- it's important to have conservative budget obligations
- US Treasury looks at wage growth, need to see it rise
Lew- Debt deal is a must
