3 ms·
This is crazy, Treasury is shooting the messenger and damaging their own credibility with this line of attack. Out-year budgeting is very complex, and there ar
by OstiaAntica 15y ago
This is crazy, Treasury is shooting the messenger and damaging their own credibility with this line of attack.
Out-year budgeting is very complex, and there are a lot of bullshit assumptions about various "promised" spending cuts and tax increases. By jumping all over S&P for a mistake that has nothing to do with the massive, ongoing deficits this year and next, Treasury shows it is in a strange state of denial.
It is past time for Sec. Geithner to resign.