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by WARNER TODD HUSTON 26 Dec 2012

Treasury Secretary Timothy Geithner is warning Congress that the U.S. is on the cusp of hitting the debt ceiling yet again, maybe as soon as Monday.

Geithner warned the Treasury Dept. will be taking some “extraordinary measures” to prevent borrowing from exceeding the previous debt ceiling limit, measures such as a temporary halt of the reinvestment of federal workers’ retirement account contributions.

Read more: http://www.breitbart.com/Big-Government/2012/12/26/U-S-Already-Hitting-Debt-Ceiling-on-Monday

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