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Treasury Secretary Geithner: Lift Debt Limit to Infinity
CNS News ^ | 11/19/12 | Elizabeth Harrington
Posted on Monday, November 19, 2012 11:41:48 AM
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Home » News Treasury Secretary Geithner: Lift Debt Limit to Infinity By Elizabeth Harrington November 19, 2012 Subscribe to Elizabeth Harrington's posts
(CNSNews.com) - Treasury Secretary Timothy Geithner said Friday that Congress should stop placing legal limits on the amount of money the government can borrow and effectively lift the debt limit to infinity.
On Bloomberg TV, “Political Capital” host Al Hunt asked Geithner if he believes “we ought to just eliminate the debt ceiling.”
“Oh, absolutely,” Geithner said.
“You do? Will you propose that?” Hunt asked.
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