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.
Read it at The Washington Post
