
Geithner to Congress: Happy New Year, We’re Maxed Out on Debt
The government has maxed out its credit card again, mortgaging America’s future with yet more debt. Obama Administration Treasury Secretary Timothy F. Geithner, in a letter to Congress the day after Christmas, said, “I am writing to inform you that the statutory debt limit will be reached on December 31, 2012 . . . .” […]