In an extensive interview this morning Treasury Secretary Timothy Geither told Steve Liesman of CNBC that Republican leaders have agreed that default of the nation's debt is "off the table". He lists them by name: McConnell, Boehner, Cantor. The interview also covers a wide range of issues frequently discussed here - from Elizabeth Warren to the stimulus to entitlement programs and much more.
I was hesitant to post this knowing there is widespread "Timmeh" hate here but he is in a position to know things we don't and watching the interview and listening to his remarks may mean some will sleep better tonight. I know I will.
Apology for lack of a transcript. Please watch the interview.