« Sunday Morning Music: Randy Newman - Lousiana 1927 | Main | Didn't the Republican Party (Including Birthers) Want To Change The Constitution And Run this Asshole For Presdient, Just A Few Years Ago? »

May 16, 2011

Maybe They Should Have Reinforced The Levees

Geitner

The US has reached its debt limit of $14.3 trillion (£8.6tn) and is taking measures to cut spending to avoid breaching it.

Treasury Secretary Timothy Geithner (excuse me while I puke) has said that he will suspend investing into two large government pension funds.

This delays any breaching of the limit to 2 August.

Congress is currently negotiating an increase to the limit, without which the US risks defaulting on its debt.

Posted at 09:28 AM in Current Affairs |

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d8341c7c7d53ef01538e84e74d970b

Listed below are links to weblogs that reference Maybe They Should Have Reinforced The Levees:

Comments

Verify your Comment

Previewing your Comment

Posted by:  | 

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been posted. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment