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 next year.
Geithner warns of tax increases if Congress fails to act on economic measures.
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I definitely believe that Dodd-Frank has put us in a much stronger position than we were before the crisis.
The TARP bank investments have already produced a profit for the taxpayer of over $19.5 billion.
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.
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.
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