The Hill News

Nevada Senator Harry Reid made the following remarks today on the Senate floor regarding Senate Democrats' meeting last week with Treasury Secretary Tim Geithner:

Senate Democrats sat down with Treasury Secretary Tim Geithner, and he painted a picture of what our world will look like if Republicans in Congress force this nation for the first time in its history to default on its financial obligations.

The picture was grim. This is how he described the state of our government if Congress allows this unprecedented default: "lights out."

He said default would result in a complete "loss of capacity to function as a government."

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