Déjà vu

Gov't to Hit Debt Ceiling in March

Jack Lew says we're broke again. On Monday, the Treasury secretary told Congress that the U.S. government will run out of money—possibly as soon as mid-March—unless the debt ceiling is raised. The debt limit was suspended in October in the deal that reopened the government, but is set to be resurrected to its full $17.3 trillion standing on Friday. “Unlike other recent periods when we have had to use extraordinary measures to continue financing the government, this time these measures will give us only a brief span of time,” Lew warned.