- Having approved a two-year budget deal on Wednesday, Congress now has until late February or early March to raise the $16.7T debt ceiling, Treasury Secretary Jacob Lew has warned.
- During the last brouhaha over the matter in October, the cap was suspended until February 7. From that point, the Treasury will be able to juggle the money about for a bit to stave off a default before running out of cash.
Lew warns on debt limit
Dec 20 2013, 04:00 ET