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News Link • Federal Reserve

Geithner Says US Credit Rating Safe Despite Debt

• AP

Treasury 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

Comment by Lola Flores
Entered on:

 If Taxcheat Tim says it's safe, it must be safe.  He wouldn't lie to us about a thing like that


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