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Tim Geithner Not Stressed About Potential Default

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Everybody be cool.

Treasury Secretary Timothy Geithner Tuesday said he is confident that the U.S. will avoid a default crisis this summer as policy makers near agreement on a broad budget framework. "We're going to have a bipartisan, comprehensive long-term deficit reduction framework. The question is, what is going to be the shape of that framework," Mr. Geithner said at The Wall Street Journal CFO Forum.