Geithner Says House Must Start Debt Limit Process Tomorrow

Sunday, 24 Jul 2011 08:27 AM

 

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July 24 (Bloomberg) -- U.S. Treasury Secretary Timothy F. Geithner said the House of Representatives must start deliberations tomorrow to meet the Aug. 2 debt limit deadline, and that a framework for an agreement is needed today.

“For us to get this done by Aug. 2, which is critical, and that’s the deadline all the leaders accept, they need to start this process in the House Monday night,” Geithner said today on CNN’s “State of the Union.”

--Editors: Carlos Torres

To contact the reporters on this story: Ian Katz in Washington at ikatz2@bloomberg.net;

To contact the editor responsible for this story: Christopher Wellisz at cwellisz@bloomberg.net

© Copyright 2014 Bloomberg News. All rights reserved.

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