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Tim Geithner and the Return of Moon-Yogurt Accounting

Kevin348 Wrote: Dec 03, 2012 4:12 PM
rauljg69 Wrote: 0 minutes ago (4:10 PM) Finally a republican offer on the table: But wait..SURPRISE!!!! No specifics. Well except to leave Bush tax rates in place for ALL. Now we have the 2 extreme positions can we someone please step to the table and give specifics on what loopholes too close and what exactly to cut..anyone...anyone -------- Keeping the status quo as it has been for the last decade is now "extreme?" Funny!

Treasury Secretary Tim Geithner has had a rough few days.  Late last week, Sen. Mitch McConnell laughed in his face when he presented President Obama's breathtaking fiscal cliff "deal" -- which raises taxes by $1.6 trillion, abolishes the debt limit (!), spends tens of billions on a new stimulus (!!), and offers no specific or guaranteed spending reductions to speak of.  Then Geithner appeared on Fox News Sunday to defend the proposal, and things went...not so well.  When host Chris Wallace pilloried his claim of illusory "savings" on war spending, Geithner was flummoxed (via