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Debt Limit

Geithner Asks Congress To Increase Federal Debt Limit

Reuters | Posted 05.25.2011 | Business

U.S. Treasury Secretary Timothy Geithner formally requested that Congress raise the $12.1 trillion statutory debt limit on Friday, saying that it coul...

Congress Asked To Lift Debt Ceiling

AP | MARTIN CRUTSINGER | Posted 05.25.2011 | Business

Treasury Secretary Henry Paulson told Congress on Wednesday that the federal government will hit the current debt ceiling on Oct. 1. He urged quick a...