GOP predicts doomsday if Obama budget passed (AP)

March 23rd, 2009 by admin

GOP predicts doomsday if Obama budget passed
(AP)

In this March 16, 2009 file photo, Treasury Secretary Timothy Geithner makes remarks to small business owners, community lenders and members of Congress in the East Room of the White House in Washington.  Geithner is putting the finishing touches on a plan to get toxic assets off the books of the country's struggling banks, according to administration and industry officials. The plan could be announced as soon as Monday (AP Photo/Ron Edmonds, File)AP – Congressional Republicans on Sunday predicted a doomsday scenario of crushing debt and eventual federal bankruptcy if President Barack Obama’s massive spending blueprint wins passage.

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