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Wed Dec 5, 2012, 05:07 PM

Geithner: Obama Administration Ready to Go Over the "Cliff" [View all]

Last edited Wed Dec 5, 2012, 07:59 PM - Edit history (1)

Source: Political Wire/CNBC

Treasury Secretary Tim Geithner told CNBC that the Obama administration was prepared to dive off the fiscal cliff if Republicans do not agree to raise tax rates on the wealthy.

Said Geithner: "There's no prospect of an agreement that doesn't involve the rates going up on the top 2 percent of the wealthiest."


Read more: http://politicalwire.com/archives/2012/12/05/obama_administration_ready_to_go_over_fiscal_cliff.html



There is a video that goes with it, but I am in class and can't watch.

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