US Treasury asks Congress to lift debt ceilingTreasury Secretary Timothy Geithner asked Congress to raise the US debt ceiling Thursday, firing the starting gun on a fresh political battle over the country's massive deficit.
In a letter the Senate's top legislator, Geithner asked for permission to increase the national debt from the 14.29 trillion dollar limit set last year.
Geithner warned that ceiling would be reached as early as this March, and called on Congress to act to avoid the treat of default.
Just say NO Congress. You were given the House to stop this train wreck. Get to it!