Treasury Secretary Geithner says in letter to Congress US may go into default

Please consider donating to Behind the Black, by giving either a one-time contribution or a regular subscription, as outlined in the tip jar to the right. Your support will allow me to continue covering science and culture as I have for the past twenty years, independent and free from any outside influence.

The money is not there, and Treasury Secretary Geithner agrees. On January 6 he wrote a letter to Congress, stating that the US will go into default if the debt ceiling is not raised.


One comment

  • John M. Egan

    So this is responsible govenment- keep moving the goalposts without any regard of its affect on the game. Keep raising the ceiling & spend this country into bankruptcy. Where are our leaders with backbones?

Leave a Reply

Your email address will not be published. Required fields are marked *