Tim Geithner: “I have got a plan. We're going to get $165 million back from AIG and give it to the taxpayers to make them whole.”

The world still views the United States and the American political system as up to the challenge of delivering reforms that make our economy stronger and our fiscal position more sustainable.

Absolutely. Yes, again, we see there's no prospect to an agreement that doesn't involve those rates going up on the top 2 percent of the wealthiest Americans.

I do not believe there is a credible argument to make that uncertainty about our fiscal deficits or uncertainty about the design of regulation in Washington today is having a material adverse effect on the American economy today.

if Congress were to choose to try to defer everything... that would be very damaging to the interests of the country.