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Geithner Issues Warning on Debt Ceiling
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Geithner Issues Warning on Debt Ceiling
http://online.wsj.com/article/SB10001424052748703730804576323162542255974.html#articleTabs%3Darticle
theend- Premium Poster
- Posts : 140
Join date : 2011-04-21
Re: Geithner Issues Warning on Debt Ceiling
Been wondering why the Treasury Dept. decided to shuffle things around & entend the debt deadline to Aug. 2nd. The deadline was supposed to be this month but they 'found' extra money to change it to Aug. 2nd. Guessing that the Administration wanted to tie extension of the debt ceiling together with negotiations over the 2012 federal budget. In July Congress will probably pass a temporary patch for the debt ceiling so they can drag the whole business out thru the fall.
Phillymg- Super Poster
- Posts : 1435
Join date : 2011-02-13
Age : 65
Re: Geithner Issues Warning on Debt Ceiling
More "kicking the can down the road". Sooner or later that "can" is going to look mighty bad!
requete'- Premium Poster
- Posts : 290
Join date : 2011-02-14
Age : 74
Location : Flint, Michigan
Job/hobbies : Long Term Unemployed - 99er- now Retired
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