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MEANWHILE: Geithner Tells Congress That We've Technically Hit The Debt Ceiling

Walter Hickey

While the letter hasn't been uploaded yet, Pete Schroeder from The Hill tweeted that Treasury Secretary Timothy Geithner has notified Congress that the United States has hit the debt limit. 

Days ago Treasury Secretary Geithner sent this letter alerting Congress that we would hit the $16.4 trillion borrowing limit sometime today:

Extraordinary measures begin going into effect tomorrow and should buy two months of time for Congress to act. 

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