PBS Video - Tonight's News Hour - President Obama spelled out his plan Wednesday for cutting the deficit by $4 trillion over 12 years. Treasury Secretary Timothy Geithner speaks with Jim Lehrer about the president's budget goals and the likelihood of getting cooperation from congressional Republicans.
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(Reuters) - Treasury Secretary Tim Geithner said Wednesday that Congress will allow the country to borrow more by agreeing to increase the $14.3 trillion debt limit.
"Congress will pass an increase in the debt limit," Geithner told PBS Newshour.