US Treasury Secretary: 'Unthinkable' US Would Default On Debt
The Canadian Press
|
The Associated Press
|
Posted 09.23.2011
|
Canada Business
Read More:
Deficit,
Timothy Geithner,
Timothy Geithner Treasury Secretary,
Debt Ceiling,
Default,
US Default,
Canada Business News
WASHINGTON - Treasury Secretary Timothy Geithner (GYT'-nur) says congressional leaders are putting together a framework for raising the nation's debt limit with a goal of announcing a deal before Asian markets open Sunday afternoon.
US officials worry that a lack of significant progress on the debt ceiling and other debt issues would roil worldwide markets when they open for business.