In response to:

Geithner: We Shouldn't Have a Debt Limit, Eliminate It

HarryReidAllAmericanFag Wrote: Nov 19, 2012 3:22 PM
We should all live like the US government and spend, spend, spend!! Max out the Visa, Mastercard, Discover, AMEX cards and leave the debt to our kids! Budget? What's that?
Luscious Lars Wrote: Nov 19, 2012 4:01 PM
Maybe we could put a twist on Nancy Pelosi's Obama care philosophy. We need to spend more money in order to know how much we can borrow.

The United States is scheduled to hit the debt ceiling again as early as December, setting up a showdown between House Republicans and the White House about not only raising the debt ceiling, but by how much. Last summer Congress and the White House faced the same issue and gave it a temporary resolution by slapping a bandaid on it. Now, Treasury Secretary Tim Geithner is already weighing in on this round of debt limit talks, saying the United States should eliminate the debt ceiling altogether.

On Bloomberg TV, “Political Capital” host Al Hunt asked Geithner if...