
IPFS News Link • Federal Reserve
Geithner Says US Credit Rating Safe Despite Debt
• APTreasury Secretary Timothy Geithner (GYT'-nur) says the U.S. government "will never" lose its sterling credit rating despite big budget deficits and a newly increased debt limit that now tops $14 trillion.
Geithner says in an interview broadcast Sunday that in times of economic crisis, international investors will continue to buy U.S. Treasury bonds because the bonds are a safe investment.
1 Comments in Response to Geithner Says US Credit Rating Safe Despite Debt
If Taxcheat Tim says it's safe, it must be safe. He wouldn't lie to us about a thing like that