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View Full Version : Geithner Says U.S. Must Instill Confidence in Fiscal Management




Vessol
10-16-2009, 10:45 PM
Oct. 16 (Bloomberg) -- Treasury Secretary Timothy Geithner said the U.S. must reduce its record budget deficit as soon as the economy returns to a sustainable growth rate without relying on government assistance.

“Americans understand that we have to go back to living within our means as a country,” he said in an interview broadcast today on CNBC. “When we have an economy that’s growing again and we get unemployment down, we’re going to have to bring those deficits down.”

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http://www.bloomberg.com/apps/news?pid=20601087&sid=aR_lnI_cZwvQ