Geithner says he's committed to trimming the bulging budget deficit and maintaining the U.S.'s...

|By:, SA News Editor
Geithner says he's committed to trimming the bulging budget deficit and maintaining the U.S.'s AAA rating: "It's very important that this Congress and this president put in place policies that will bring those deficits down to a sustainable level over the medium term." Treasurys and stocks came under heavy selling yesterday, which influential bond trader Bill Gross said was due to concerns over America's AAA rating.