Ryan, Geithner at Odds Over Plan to Increase Debt Limit
Apr. 18, 2011
April 18 (Bloomberg) -- House Budget Committee Chairman Paul Ryan said Republican leaders haven't pledged to raise the nation's debt limit yet, even as Treasury Secretary Timothy Geithner said they know it's necessary.
As the federal government approaches its borrowing limit of $14.3 trillion, Republican and Democratic leaders spent the weekend jockeying for political advantage over what conditions should be attached, if any, to a debt-limit increase. Bloomberg's Peter Cook reports. (Source: Bloomberg)