GEITHNER: US Will Hit Debt Ceiling On December 31
Treasury Secretary Tim Geithner warns that the U.S. will reach the statutory debt limit on Monday, December 31, reports Bloomberg.
This was communicated in a letter to Senate Majority Leader Harry Reid.
This timeline is basically in line with expectations.http://www.businessinsider.com/report-us-to-hit-debt-ceiling-dec-31-2012-12?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+businessinsider+%28Business+Insider%29
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