Users Online Now:
2,240
(
Who's On?
)
Visitors Today:
1,148,477
Pageviews Today:
1,603,549
Threads Today:
440
Posts Today:
7,930
01:08 PM
Directory
Adv. Search
Topics
Forum
Back to Forum
Back to Thread
REPLY TO THREAD
Subject
Geithner: If Treasury could ask for just one more debt ceiling increase, the amount we’d request “would make you uncomfortable”
User Name
Font color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Indigo
Violet
Black
Font:
Default
Verdana
Tahoma
Ms Sans Serif
In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Anonymous Coward 14899339:MV8xOTUyMTk2XzMyNzIxMTE4X0JCMjBBMkRB] Well I mean in that hypothetical situation he's correct. Current and Future? Wouldn't that mean infinity? [/quote]
Original Message
At a Capitol Hill hearing, South Carolina Republican Rep. Trey Gowdy asked Treasury Secretary Tim Geithner a thought-provoking hypothetical question. The congressman wanted to know:
“If this were the last debt ceiling request you could ask for … the final one and you had to make it large enough for all current and future obligations, what would the request need to be?”
Not surprisingly, Geithner didn’t have a ready answer, but Gowdy didn’t let it go. At last, Obama’s only remaining original economic team member admitted, “It would be a lot. It would make you uncomfortable.”
WATCH:
Pictures (click to insert)
General
Politics
Bananas
People
Potentially Offensive
Emotions
Big Round Smilies
Aliens and Space
Friendship & Love
Textual
Doom
Misc Small Smilies
Religion
Love
Random
View All Categories
|
Next Page >>