10 things you need to know today: May 19, 2013

The U.S. hits another debt ceiling, the winning Powerball ticket is sold in Florida, and more

A customer holds $140 worth of Powerball tickets that he just purchased on May 17, 2013 in San Francisco, California.
(Image credit: Justin Sullivan/Getty Images)

1. U.S. HITS DEBT CEILING SECOND TIME THIS YEAR

The U.S. bumped up against its borrowing limit Sunday, forcing the Treasury Department to employ "extraordinary measures" to make sure the government keeps paying its bills. Congress agreed to suspend the nation's $16.4 trillion borrowing limit the last time they approached it, in January. In a letter to congressional leaders, Treasury Secretary Jack Lew said the extraordinary actions should allow the government to meet all its obligations at least through the Sept. 2 Labor Day holiday. [Chicago Tribune, The Hill]

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Terri is a freelance writer at TheWeek.com. She's a graduate of Northwestern's Medill School of Journalism and has worked at TIME and Brides. You can follow her on Twitter.