Oct 19, 2009

Geithner: US Must Live Within Its Means

The United States must live within its means once its economy recovers if it is to preserve global confidence in the U.S. dollar’s status, Treasury Secretary Timothy Geithner said on Friday. The comments came as the Obama administration reported a record U.S. budget deficit for the fiscal year ended September of $1.4 trillion. At 10 percent of gross domestic product, it was the biggest U.S. fiscal shortfall since World War Two….
Full article: Geithner: US Must Live Within Its Means

Geithner: US Must Live Within Its Means


Trackback  •  Posted by tcothub in Politics category

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