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Treasury's Jack Lew: Debt ceiling must be raised by late February or early March

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Treasury Secretary Jack Lew started the countdown to the next debt ceiling standoff Thursday afternoon, writing in a letter to House Majority Leader John Boehner that the debt ceiling will have to be raised before "late February or early March" of next year. That is when the Treasury projects it will run out of "extraordinary measures" to create headroom under the statutory debt limit, which...