Geithner on the Debt Ceiling: How High? “A Lot. It Would Make You Uncomfortable.”

“If this were the last debt ceiling increase you could ask for, the final one, and you had to make it large enough for all current and future obligations, what would the request need to be?” Congressman Trey Gowdy (R-SC) asked Treasury Secretary Tim Geithner at a Capitol Hill hearing on Wednesday.

“I don’t know how to answer that question,” Geithner said to Gowdy. After being prodded by the Congressman, Geithner eventually told him, “It would be a lot. It would make you uncomfortable.”


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