Secretary Geithner: US to Hit Debt Limit on New Year’s Eve

Just when New Year’s Eve could not get worse with the fiscal cliff, Treasury Secretary Geithner announced we will hit the debt limit, too. He did say, however, his department will try to avoid the debt limit, and might be able to for at most two months. In a letter to congressional leaders, he said that the fiscal cliff uncertainty is making the economics more difficult.

Read Sec. Timothy Geithner’s Letter

About Tyler

Tyler is the chief media reporter for TKNN, with the news organization since its founding in November of 2010. He has previously served as chief political reporter and chief political anchor for TKNN.

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