Welcome to ThinkProgress Economy’s morning link roundup. This is what we’re reading. Have you seen any interesting news? Let us know in the comments section. You can also follow ThinkProgress Economy on Twitter.
- Senate Democrats are considering a short-term debt limit increase that would “force Congress to tackle the politically toxic issue again before the 2012 elections.” [Reuters]
- Senate Republicans boycotted a markup of pending free trade agreements yesterday, as they “object to a worker assistance program the administration wants to include as part of a free-trade agreement with South Korea.” [Washington Post]
- During the recession, “the time that it takes to complete a foreclosure has more than doubled, to an average of 400 days.” [Washington Post]
- Treasury Secretary Tim Geithner “has told Obama that he’s considering leaving the administration after the president reaches an agreement with Congress to raise the national debt limit.” [Bloomberg]
- Geithner denied reports that he is thinking of departing, saying that he will be at Treasury for the “foreseeable future.” [The Hill]
- The Minnesota state government shut down last night after failing to approve a budget deal, leaving “only a limited array of state services in operation over the busy holiday weekend.” [CNN Money]
- A judge yesterday denied Boeing’s motion to dismiss a suit filed against it by the National Labor Relations Board. “Having considered the entirety of the respondent’s motion and found and concluded as noted above, I find that the motion is without merit and should be denied in its entirety,” Judge Clifford Anderson wrote. [The Hill]
- A Bank of America director described BofA’s acquisition of troubled mortgage lender Countrywide as “the worst deal we ever made.” This week, BofA “announced it would pay out a combined $20.6 billion in fallout costs related to Countrywide.” [Huffington Post]
- South Dakota has joined Idaho in announcing that it will not comply with requirements set by No Child Left Behind. [Education Week]
- Phil Angelides, the chairman of the Financial Crisis Inquiry Commission, wrote an op-ed criticizing Wall Street and Congressional Republicans for rewriting the history of the financial crisis. [Washington Post]
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