Geithner: Congress Will Raise Debt Ceiling

Congress is "absolutely" going to raise the debt ceiling, says Tim Geithner, because to do otherwise would be "catastrophic" and "the responsible people understand." "We’d tip the US economy and the world economy back into recession, depression," he said. "It would make the last crisis look like a tame, modest crisis." He says Republicans are quietly signaling that they'll vote for the hike. As for a certain boss of his who voted against raising the debt ceiling in 2006: "There's been a little bit of a tradition that people play politics with this." Elsewhere on the Sunday dial, as per Politico:

• Paul Ryan told Face the Nation he wants "financial controls ... in conjunction with raising the national debt limit." Asked to clarify, Ryan said, "We're not really interested in negotiating with the media."
• "Gang of 6" members Mark Warner and Tom Coburn say their group is "very close" to a deficit deal. "We're going to make everybody mad with our approach," Warner said. "Because we're touching every part of the problem."
• Congress has to put its money where its mouth is, says Coburn: "What the country needs to hear is that we understand how big this problem is and that we’re wiling to lose elections to do what’s best for the country."
• Ray LaHood says the patdown of a 6-year-old was unacceptable: "I have nine grandchildren and I wouldn’t want my granddaughter treated like that."

(More Sunday morning talk shows stories.)