US Will Borrow Less as Banks Repay: Geithner
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US Will Borrow Less as Banks Repay: Geithner
The US is likely to have to borrow substantially less than initially anticipated as banks are repaying the government funds they received during the crisis with interest and significant repayments are ahead, US Treasury Secretary Timothy Geithner told CNBC Thursday.
CNBC | November 12, 2009
