U.S. debt ceiling debate must be settled now, Geithner says
July 24th, 2011
08:04 AM ET
3 years ago

U.S. debt ceiling debate must be settled now, Geithner says

Washington (CNN) – Congress must reach a deal now to raise the federal debt ceiling through 2012 because "you don't want politics messing around with America's faith and credit," Treasury Secretary Tim Geithner told CNN on Sunday.

"The most important thing is that we remove this threat of default from the country for the next 18 months," Geithner said in an interview with CNN's "State of the Union" program. "You want to take this out of politics.

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Filed under: Congress • Debt • Deficit • Tim Geithner • TV-State of the Union
soundoff (3 Responses)
  1. Buck Jones

    If Congress does not raise the debt ceiling, is the FDIC affected?

    July 24, 2011 09:07 am at 9:07 am |
  2. larry

    Its amazing how republicans are once again standing in the way of progress all in an effort to show disagreement with our president, no matter what its doing to our state of stability. And yet people still vote for them. So I ask: Is any body going to college?

    July 24, 2011 09:16 am at 9:16 am |
  3. GI Joe

    The debt limit should be a clean bill, like it was 18 times for RAYGUN and 7 times for SHRUB.

    The tea-baggers have taken the opportunity to play havoc with OUR lives. Vote the tea-baggers out. They do NOT work for the US. they work for Dick Armey, Karl Rove, the Koch Brothers, Corporatations, Wall Street, Big Oil, and Subsidies all over the place. They protect the wealthiest and hurt the real AMERICANS.

    July 24, 2011 09:26 am at 9:26 am |