Michele Bachmann Calls for Obama to Demand Geithner's Resignation

Michele Bachmann called for President Barack Obama to demand Treasury Secretary Timothy Geithner's resignation in response to S&P's downgrade of the U.S. credit rating Friday.

The Republican presidential candidate and Minnesota congresswoman spoke with Fox's Greta Van Susteren just after the news broke.

"President Obama is destroying the foundations of our economy one beam at a time. I call on the president to seek the immediate resignation of Treasury Secretary Tim Geithner and to submit a plan with his list of cuts to balance the budget this year, turn the economy around and put our people back to work."

"I'm very concerned that the administration tomorrow might look for anyone else to blame. They may blame the Tea Party, they may blame the ratings agency or anyone else. They knew it was coming this year in January but they didn't write a plan and they still don't have a plan."

(h/t Gateway Pundit)