Wednesday, May 18, 2011

(Tax-Cheat) Geithner: Blame Republicans if U.S. defaults

(Tax-Cheat) Geithner: Blame Republicans if U.S. defaults: "(Tax-Cheat) Geithner: Blame Republicans if U.S. defaults
cbs ^ | 5/18/2011 | ap

Posted on Wednesday, May 18, 2011 7:23:30 AM by tobyhill

Republicans insist on passage of their budget plan as a condition for approving an increase in the nation's borrowing limit, they will be responsible for the consequences.

Speaking to a New York audience, Geithner said that Republicans would bear the responsibility for the first debt default in the nation's history. He said such a default would have a devastating impact on the economy.

(Excerpt) Read more at cbsnews.com ..."

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