Jack Lew: Debt ceiling must be raised before Feb. 7

Jack LewTreasury Secretary Jack Lew once again tried to provoke action on the debt ceiling Wednesday afternoon, warning congressional leaders by letter that he would run out of measures to create headroom under the limit by late February if it is not raised before then. The October congressional deal to raise the debt ceiling and end the government shutdown suspended the debt ceiling through Feb. 7. At that point, Lew will rely on extraordinary measures to ensure all the government’s obligations are…

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