For John, BLUF: The Administration wants to reduce Congressional Controls on the Federal Debt and the Federal Debt Ceiling. Nothing to see here; just move along.
After two pages of web crawler results, searching for "geithner al hunt debt limit" I found a Bloomberg page that was a little more to the center than the collection of responses I was getting.♠ Less details, but the point is there, Secretary of the Treasury Timothy Geithner wants an unlimited debt ceiling. That is to say, he wants no limits on the Executive Branch in terms of increasing the Federal Debt.
I am just a mere voter and tax payer, but an unlimited debt ceiling sounds like a bad idea to me. Convenient for the folks down in DC, but another case of politicians and Civil Servants not having to face the tough issues. A bad idea.
Regards — Cliff
♠ To me that means the Main Stream Media is ducking this issue for some reason.