Today, as you both said, the full Senate begins debate on landmark legislation that'll protect American families, limit risky activities on Wall Street, and end the perception that any firm is too big to fail.
Tim Geithner: “Today, as you both said, the full Senate begins debate on landmark legislation that'll protect American families, limit…”
Editor's note · Context
Geithner introduces the Senate debate on significant financial reform legislation.
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It's very important to future economic growth. There is no alternative to doing that.
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…
this ushers in a new era of openness and transparency for tax information between the United States and Panama.
The basic sense that you see across the country that the political institutions in this country are not up to the challenges we face, unable to act, unable to solve problems, is absolutely weighing on confidence.





