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Tag: Timothy Geithner
"We refuse to believe that there are insufficient funds in the great vaults of opportunity of this nation." Dr. Martin Luther King Jr. Rarely have...
On Aug. 2, Treasury Secretary Timothy Geithner estimates, the United States will default on its debt obligations. Many are worried, as the date approaches...
In a curious piece of showmanship, the Republican leadership of the U.S. House of Representatives on Tuesday brought to a vote the question of raising the federal debt — knowing that the measure would fail.
The ceiling has never been reached before, but some lawmakers are threatening to vote against an increase in the debt ceiling, supposedly in the name of fiscal responsibility.
Treasury Secretary Timothy Geithner is back in the news, urging finance ministers meeting in South Korea as the global economic powerhouse G20 to focus more on reducing trade deficits.