In response to:

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

w-smith-84 Wrote: Nov 19, 2012 11:08 PM
Since Obama has been in office, he's reduced the deficit every year from Bush's $1.4T 2009 budget deficit. Of course, even though you ALL know that the 2009 deficit was baked into the cake (and was announced around October 1, 2008 - before Obama was elected) you still insist it's the result of Obama's "tax & spend" policies. But that, in fact, was the turd sandwich that YOUR guy left him to deal with (and why he beat McCain so handily). Any claim to the contrary simply exposes those who make it as partisan hacks because it's a simple statement of PROVABLE FACT! (yes, you can actually look it up - not that you would).

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...