Drop Dead Debt Date

Published September 26, 2013 3:07pm ET



The government will be tapped out on Oct 17, according to Treasury Secretary Jack Lew. Unless, that is, Congress takes:

…  immediate action to raise the federal debt limit, which stands at $16.7 trillion.

Mr. Lew went on, as Lori Montgomery of the Washington Post reports, to do a little sermonizing.

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