Tim Geithner: ‘Absolutely’ eliminate debt ceiling

On Bloomberg TV, “Political Capital” host Al Hunt asked U.S. Treasury Secretary Timothy Geithner if he believes “we ought to just eliminate the debt ceiling.”

”Oh, absolutely,” Geithner said.

Geithner received some notoriety at his confirmation hearings when it was discovered he’d neglected to file several years of federal tax returns.

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  • Pardogs

    That's a formula for success. I expect Mr. Geithner will teach his children (assuming he has children) to spend beyond their means and ability to repay without regard for tomorrow, and if they get in trouble, to just ask the gov't to step in and bail them out. That's the new model for America. Play, spend, expect someone else to assume one's responsibility, disregard the law, and work as little as possible. What a role-model this leader and his cohorts offer for future generations. How soon before he gives his kids their own credit-cards or his. Go Geithner.

  • Bob

    This pitifull man looks rather lost now doesn't he–sleep tight the liberals have the situation well in hand.