Tim Geithner: “You cannot govern a country if you commit never to raise taxes on anybody, because things change, wars happen, crises…”

If Congress does not act on these tax provisions or on the investments and infrastructure things, then what happens to the American economy? What happens is that every American who has a job will see their taxes go up by $1,000 on average…

If you call into question the willingness of the Government of the United States to meet its obligations, you will shake the basic foundations of the entire global financial system.

We're going to establish a level playing field across banks and nonbanks so that the business can't just shift to where there's no regulation.

Those--the cuts are designed to starve those agencies of the ability--deny them the ability to enforce a set of basic, sensible protections for consumers and investors.