Economics: US Liquidity Crisis Coming in 2 Years?

[CNBC's Jim] Cramer desperately wants the US government to sell $2 trillion worth of 30-year Treasurys to help this country avert a liquidity crisis. And Senator Tom Coburn, R-Okla., agrees with him.

Cramer is worried that the US could be in a tough position when all of the short-term debt it has been selling to finance its budget comes due in one, two or three years, and the country is forced to refinance at much higher rates. Instead, he wants the US to refinance now and lock in the low rates presently offered on long-term debt.

From Senator Coburn: US Liquidity Crisis Coming in 2 Years--Unless… by Tom Brennan, June 10, 2010, at cnbc.com.