If you’re worried about the national debt, in particular, how it keeps climbing and no one in the Obama administration seems to be attempting to do anything to reduce it …you probably should be. Especially since they’ve decided to start being blatantly obvious that they have no plan to get our debt under control.
Timothy Geithner, our joke of a Treasury Secretary, cracked under the pressure of Budget Committee Chairman, Rep. Paul Ryan’s questioning, admitting that the administration has no long-term plan. While Geithner manages to slur enough to confuse some (writer's note: seriously, he turns “definitive solution to a long-term problem” into one word) it is still a pretty incredible confession.
If Paul Ryan is putting forward a plan that does tackle the debt and offer long term solutions, then why is Geithner pushing for a plan that doesn’t do anything about the long (or short) term debt crisis?
Here is what Timothy Geithner had to say to Rep. Ryan, “You were right to say we're not coming before you we have a definitive solution to the long term problem. We don't like yours.”
Which Glenn translated into common sense with the following statement: “In one word. We don't like yours. Maybe we don't have a solution. Maybe we should start with somebody that has a solution, and one that makes sense that's not hope and change.”
Watch the exchange between Rep. Paul Ryan and the Treasury Secretary below: