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How Big Is The US Debt?
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<blockquote data-quote="texan" data-source="post: 1057660" data-attributes="member: 38206"><p><strong></strong></p><p><strong>Here is the guidance. I am very concerned now. </strong></p><p><strong>The Secretary of Treasury</strong></p><p> <strong>Treasury Secretary Geithner: Lift Debt Limit to Infinity (huh?)</strong></p><p><strong>(CNSNews.com) – Treasury Secretary Timothy Geithner said Friday that Congress should stop placing legal</strong></p><p> <strong>limits on the amount of money the government can borrow and effectively lift the debt limit to <span style="color: #b22222">infinity. </span></strong></p><p><strong>On Bloomberg TV, “Political Capital” host Al Hunt asked Geithner if he</strong></p><p> <strong><span style="color: #2f4f4f"><span style="font-size: 18px">believes “we ought to just eliminate the debt ceiling.” </span></span></strong></p><p><strong><span style="color: #2f4f4f"><span style="font-size: 18px"></span></span></strong></p><p><strong><span style="color: #2f4f4f"><span style="font-size: 18px"><span style="font-size: 9px">Mr. Geithner is woefully uninformed. Sen. Obama, Joe Biden, Harry Reid, John Kerry, and Nancy Pelosi and James Clyburn and most of</span></span></span></strong></p><p> <strong><span style="color: #2f4f4f"><span style="font-size: 18px"><span style="font-size: 9px">the Congressional Democrats voted against raising the debt limit back in March 2006. </span></span></span></strong></p><p> <strong><span style="color: #2f4f4f"><span style="font-size: 18px"><span style="font-size: 9px"></span></span></span></strong></p><p><strong><span style="color: #2f4f4f"><span style="font-size: 18px"><span style="font-size: 9px"></span></span></span></strong></p><p><strong><span style="color: #2f4f4f"><span style="font-size: 18px"><span style="font-size: 9px">Of course, Harry Reid pretended that he was just worried about owing money to foreigners. “Why is it right to increase our nation’s</span></span></span></strong></p><p> <strong><span style="color: #2f4f4f"><span style="font-size: 18px"><span style="font-size: 9px">dependence on foreign creditors?” <a href="http://tinyurl.com/bn6ldmd" target="_blank">Reid said on March 16, 2006</a>. “Democrats won’t be making an argument to support this</span></span></span></strong></p><p> <strong><span style="color: #2f4f4f"><span style="font-size: 18px"><span style="font-size: 9px">legalization, which will weaken our country.”</span></span></span></strong></p><p><strong><span style="color: #2f4f4f"><span style="font-size: 18px"><span style="font-size: 9px"></span></span></span></strong></p><p><strong><span style="font-size: 18px"></span></strong></p><p><strong><span style="font-size: 18px"></span></strong></p></blockquote><p></p>
[QUOTE="texan, post: 1057660, member: 38206"] [B] Here is the guidance. I am very concerned now. The Secretary of Treasury Treasury Secretary Geithner: Lift Debt Limit to Infinity (huh?) (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 [COLOR=#b22222]infinity. [/COLOR] On Bloomberg TV, “Political Capital” host Al Hunt asked Geithner if he [COLOR=#2f4f4f][SIZE=5]believes “we ought to just eliminate the debt ceiling.” [SIZE=1]Mr. Geithner is woefully uninformed. Sen. Obama, Joe Biden, Harry Reid, John Kerry, and Nancy Pelosi and James Clyburn and most of the Congressional Democrats voted against raising the debt limit back in March 2006. Of course, Harry Reid pretended that he was just worried about owing money to foreigners. “Why is it right to increase our nation’s dependence on foreign creditors?” [URL="http://tinyurl.com/bn6ldmd"]Reid said on March 16, 2006[/URL]. “Democrats won’t be making an argument to support this legalization, which will weaken our country.” [/SIZE][/SIZE][/COLOR] [SIZE=5] [/SIZE][/B] [/QUOTE]
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