Geithner Says Republicans Have Already Promised to Increase the Debt Ceiling

This morning on ABC’s “This Week”Treasury Secretary Timothy Geithner says he is certain that Congress will raise the debt ceiling. Geithner stated that Republicans have said that the GOP said this to the president on Wednesday … ”I sat there with them, and they said, we recognize we have to do this. And we’re not going to play around with it.”

Treasury Secretary Timothy Geithner says he is certain that Congress will raise the debt ceiling, saying leaders are “not going to play around with it” and risk the “catastrophic” consequences of defaulting on the nation’s debt obligations.

“I want to make it perfectly clear that Congress will raise the debt ceiling,” Geithner said in an interview with ABC News “This Week” anchor Christiane Amanpour. When asked if he was sure, Geithner responded, “absolutely,” adding that Congressional leaders made clear they understood the importance of the matter when meeting with President Barack Obama at the White House last Wednesday.

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