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Geithner Instructs Congress to Borrow More Money
Posted By kurtnimmo On April 13, 2011 @ 8:57 pm In Economic Crisis,Tile | Comments Disabled
April 13, 2011
Treasury Secretary Timothy Geithner said on Wednesday that Congress will allow the country to borrow more by agreeing to increase the $14.3 trillion debt limit.
“Congress will pass an increase in the debt limit,” Geithner told PBS Newshour.
Republicans have said they are unwilling to raise the debt ceiling without some reforms to the government spending.
Geithner said there were some lawmakers who want to take debt ceiling negotiations “to the brink” and warned that the United States could not take that risk.
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