The chief of the International Monetary Fund, Christine Lagarde, weighed in on the U.S. debt ceiling dilemma, warning that 'creative accounting' would not be the solution.
Lagarde's comments come as the U.S. government approached its 14th day of a shutdown on Monday, four days away from breaching the October 17 deadline to raise the debt ceiling, which many worry could lead to a potential debt default for the world's largest economy.
Last week, Republican Party Senator Rand Paul dismissed the fuss over a potential default, according to media reports, arguing the risk was overstated because the government collects enough taxes to finance the interest on the debt.
(Read more: US days away from 'dangerous' moment: World Bank)
However, Lagarde told NBC's Meet the Press that such measures would not help matters.