auto bailout a huge success. the bailingout of general motors helped him in ohio and michigan and on the campaign trail. geithner, a chief architect of tarp and a.i.g. made the case before congress for tougher regulations on wall street. it led to the dodd-frank bill that the president signed into law. there will be no more tax-funded bailouts. period. years of spending under both parties add up and the debt ceiling talks of 2011 led to a budget attend off between democrats and republicans who took back control of the house of representatives in the midterms. is there a risk the united states could lose their aaa rating? yes-or-no. no risk. the debt ceiling was raised in august the political fight in the spot lighted on the deficit and debt problems less s&p to downgrade the u.s. credit rating for the first time in history.