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


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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?

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