Paulson, Geithner Urge Moving on US Debt Before It’s Even Harder
- Former Treasury secretaries speak at conference in Aspen
- Confab aims to highlight fiscal challenges, propose solutions
This article is for subscribers only.
Two former US Treasury secretaries urged Washington policymakers to address the country’s long-term fiscal challenges before they become insurmountable, speaking hours after the government lost its top-tier rating at Fitch Ratings.
“Our fiscal trajectory is concerning,” Hank Paulson said Wednesday in an interview for Bloomberg Television’s Wall Street Week with David Westin. “We’re a rich country, and we’ve got time to deal with it. But we need to do some things in the next few years to change that trajectory.”