Romney Campaign Press Release - The Geithner Guarantee: Fool Me Once, Shame on You, Fool Me Twice...

"Almost a year to the day after telling the country there was ‘no risk' of a credit downgrade, Secretary Geithner is at it again — telling Americans there is ‘no risk' of fiscal disaster from our ever-growing national debt. What's the real risk to America's fiscal future? Four more years of the same failed policies from the Obama Administration." —Andrea Saul, Romney Campaign Spokesperson

Today, Treasury Secretary Tim Geithner Guaranteed There Is "No Risk" Of A Looming Debt Crisis:

Secretary Geithner, On A Possible Debt Crisis In The United States: "No Risk Of That." QUESTION: "Tom Coburn has just written a book and he said if we don't deal with these debt problems, we're going to be Greece in two years. Do you not see the debt..." GEITHNER: "No risk of that." QUESTION: "No risk of that?" GEITHNER: "No." (NBC's "Meet The Press," 4/15/12)

• Click Here To Watch The Latest Geithner Guarantee

Oops — Almost A Year Ago Today, Secretary Geithner Said There Was "No Risk" That The United States Would Lose Its AAA Credit Rating:

Geithner, In April 2011, On A Possible Credit Downgrade: "No Risk Of That." QUESTION: "Is there is a risk that the United States could lose its AAA credit rating? Yes or no?" GEITHNER: "No risk of that." QUESTION: "No risk?" GEITHNER: "No risk..." (Fox Business Network, 4/19/11)

Less Than Four Months After The Last Geithner Guarantee, S&P Stripped The United States Of Its AAA Credit Rating. "The U.S. lost its esteemed AAA credit rating after being downgraded by Standard & Poor's Friday, eroding the elite standing it has held in global markets for more than 70 years." (Matt Krantz and Kathy Chu, "S&P Downgrades U.S. Credit Rating From AAA," USA Today, 8/6/11)

Why Should Americans Worry About Secretary Geithner's Latest Guarantee? President Obama's Four Straight Trillion-Dollar Deficits And Skyrocketing National Debt:

Under President Obama, The Nation's Total Public Debt Has Reached A Record $15.6 Trillion. (U.S. Department Of Treasury Website, www.treasurydirect.gov, Accessed 4/9/12)

"Obama's Budget Projects That The Deficit For The Current Year Will Total $1.33 Trillion, The Fourth Straight Year Of Deficits Over $1 Trillion." ("Highlights Of Obama's $3.8 Trillion Budget," The Associated Press, 2/13/12)

President Obama Did "Not Come Close" To Keeping His Promise To Cut The Deficit In Half By The End Of His First Term. "The 2013 budget the president submitted today does not come close to meeting this promise of being reduced to $650 billion for fiscal year 2013. The president noted in that 2009 speech the Obama administration inherited a $1.3 trillion deficit. The deficit was similarly $1.3 trillion in 2011, is projected to be $1.15 trillion in 2012, and the president's budget claims it will be $901 billion in 2013." (Jake Tapper, "Obama's Broken Deficit Promise," ABC News, 2/13/12)