11.18.2012

Eliminate the debt ceiling?


Geithner: Eliminate the debt ceiling
Excerpt:


Treasury Secretary Timothy Geithner says he believes the U.S. debt ceiling should be eliminated in a new interview with Bloomberg's Al Hunt.

"Do you agree with Alan Greenspan that we ought to just eliminate the debt ceiling?" Hunt asks Geitner.

"Oh, absolutely," he replies.
Comment: Image source. The American Thinker continues: "Don't you think it's a good idea that the executive branch should be forced to ask permission before they spend our children's money?". Without the debt ceiling there would be no conversations and debate about the national debt!

2 comments:

  1. That's a great graph--looks like the most dangerous thing to have is a Democratic or split Congress.

    ReplyDelete

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