Did Timothy Geithner Mention We’re Hitting the Debt Ceiling in Five Days?

Oh, by the way, we’re hitting the debt ceiling five days from now, on December 31, Timothy Geithner casually informed congressional leaders in a letter today. Fortunately, given Congress’s seeming inability to agree not to destroy the economy, the Treasury Department will be taking “extraordinary measures” to extend the deadline for a few weeks, into February or March. If GOP lawmakers can’t be convinced to raise the debt ceiling, the economy will likely nosedive again, assuming a million other things don’t cause it to first.