From a letter to Senate Majority Leader Harry Reid:
"It is critically important that Congress act before the limit is reached so that citizens and investors here and around the world can remain confident that the United States will always meet its obligations" - Tim Geithner
So, if I've maxed out my credit card it only makes sense that my credit card company further boost my credit limit so that my other creditors can remain confident in my debt-paying ability. Right.
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