Reuters
July 6, 2011

Treasury Secretary Timothy Geithner has not told President Barack Obama he would like to leave after a debt ceiling deal is reached, White House spokesman Jay Carney said on Tuesday.

Sources familiar with Geithner’s thinking said last week he was considering stepping down once the country’s $14.3 trillion debt limit is raised.

That must happen by August 2 to avoid a U.S. sovereign default, according to the Treasury Department.

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