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July 13, 2011 | | Comments 0 | Filed Under: DailyGovernmentNewsWall StreetWorld

Geithner Says Delaying Debt Payments ‘Deeply Irresponsible’

U.S. Treasury Secretary Timothy F. Geithner said delaying some government payments instead of raising the $14.3 trillion federal debt limit would be “deeply irresponsible” and reiterated that the ceiling “must be increased to protect America’s creditworthiness.”

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