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View Diary: Enjoying the Economy? (4 comments)

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  •  Geithner won't rule out new middle class taxes (0+ / 0-)

    From ABC's George Stephanopoulos's blog today:

    "To get the economy back on track, will President Barack Obama have to break his pledge not to raise taxes on 95 percent of Americans? In a "This Week" exclusive, Treasury Secretary Tim Geithner told me, "We’re going to have to do what’s necessary."

    Geithner was clear that he believes a key component of economic recovery is deficit reduction. When I gave him several opportunities to rule out a middle class tax hike, he wouldn’t do it."

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