Geithner: Congress Will Raise Debt Ceiling

Congress is “absolutely” going to raise the debt ceiling, says Tim Geithner, because to do otherwise would be “catastrophic” and “the responsible people understand.” “We’d tip the US economy and the world economy back into recession, depression,” he said. “It would make the last crisis look like a tame, modest…

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Geithner: Congress Will Raise Debt Ceiling

Posted by on April 17, 2011. Filed under News, World News. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.