Timothy Geithner: There Are No More Extensions Left On The Debt Ceiling Deadline

The Treasury Secretary is warning Congress that there is no moving the August 2nd deadline for exceeding the debt ceiling:

There’s “no way” to give Congress more time to increase the U.S. debt ceiling, Treasury Secretary Timothy Geithner said Thursday after meeting Senate Democrats. “We don’t have much time. It’s time to move,” Geithner said, just hours ahead of the next meeting between President Barack Obama and congressional leaders about cutting the deficit and raising the debt limit

I’m not sure they’re listening.

 

FILED UNDER: Congress, Deficit and Debt, Quick Takes, US Politics, ,
Doug Mataconis
About Doug Mataconis
Doug holds a B.A. in Political Science from Rutgers University and J.D. from George Mason University School of Law. He joined the staff of OTB in May 2010. Before joining OTB, he wrote at Below The BeltwayThe Liberty Papers, and United Liberty Follow Doug on Twitter | Facebook

Comments

  1. Hey Norm says:

    They don’t believe the science of evolution, or carbon dating, or climate change…why would they believe anything about some whacky economic theories about debt and obligations?

  2. Drew says:

    Hey Norm………you poor dear, you.

    I’ll see your hysteria, and raise you……

  3. Hey Norm says:

    Drew…hysteria?