Treasury Secretary Timothy Geithner on Thursday ruled out any possibility of US facing a Greece-like debt crisis and said that better-than-expected economy would help strengthen government accounts.
"It's not going to happen in the United States. The important thing is you are seeing in the US, a much stronger recovery than most people would expect even just three months ago," Geithner told CNBC in an interview.
Since the Greece crisis, the opposition Republicans have been warning that a similar crisis is awaiting to hit the US in the coming days.
"Unless we change course, our debt is on track to reach levels we're seeing in Greece, which is already receiving an international bailout," House Minority Leader John had said earlier.
