The debt limit will again rise to the top of Washington's agenda with the Feb. 7 expiration of the latest extension, granted last fall as part of the deal to end the government shutdown. The Congressional Budget Office predicts the Federal Reserve's measures to sustain the country's financial obligations will probably be exhausted in March, though it has said that, depending on tax receipts and refunds, that deadline could be pushed as far back as June. Republican leadership has yet to say whether it will again try to extract concessions from Democrats in exchange for another debt limit extension. Above, Treasury Secretary Jacob J. Lew.
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