Thursday, December 6, 2012

Geithner: Administration "Absolutely" Ready To Go Over Fiscal Cliff

In an interview with CNBC, Treasury Secretary Tim Geithner confirmed that the Obama administration is ready to go over the fiscal cliff if the Republicans refuse to raise taxes on the richest two percent. Geithner stated, “Oh, absolutely. Again, there's no prospect to an agreement that doesn't involve those rates going up on the top two percent of the wealthiest." Watch:

No comments: