Arab Today, arab today geithner certain of debt limit deal
Last Updated : GMT 06:31:08
Arab Today, arab today
Arab Today, arab today

Geithner certain of debt limit deal

Arab Today, arab today

Arab Today, arab today Geithner certain of debt limit deal

WASHINGTON - AFP

Treasury Secretary Timothy Geithner expressed confidence Sunday that feuding US political parties will reach an agreement to lift the country\'s debt limit before its is forced into default. With Republicans demanding long-term spending cuts in return for voting to raise the debt ceiling, Geithner said the administration was willing to enter parallel talks, but in the end the limit would be raised either way. \"I want to make it perfectly clear that Congress will raise the debt ceiling,\" Geithner told the ABC channel \"they told the president that on Wednesday in the White House.\" The White House has warned of financial \"Armageddon\" if Congress refuses to raise the $14.29 trillion cap. The limit is set to be reached by mid-May and lawmakers must take action by July or see the United States default on interest payments on its debt. But the move has become embroiled in fiercely partisan battles over the economy and spending. Republican leaders - prodded by the Tea Party - are demanding more expenditure cuts from programs cherished by Obama\'s Democrats in return for support. \"We want Congress to put in place a comprehensive framework, a balanced framework, that can reduce our long-term deficits. And we\'re going to work hard to do that,\" Geithner told NBC\'s \"Meet the Press.\" \"But if by the time we need to raise the debt limit, we haven\'t worked all that out, Congress still has to raise the debt limit.\" \"Leadership recognizes that,\" he said pointing to closed door meetings with Republicans. \"Again, this is an absolutely critical thing for people to understand. This is about the trust and confidence in the American people, and the world is watching us.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today geithner certain of debt limit deal Arab Today, arab today geithner certain of debt limit deal

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today geithner certain of debt limit deal Arab Today, arab today geithner certain of debt limit deal

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday