Tim Geithner: “That's not going to happen. And there's really no support around the room for that.”

I definitely believe that Dodd-Frank has put us in a much stronger position than we were before the crisis.

It would raise, dramatically, the borrowing cost, permanently, for all Americans.

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.

You cannot govern a country if you commit never to raise taxes on anybody, because things change, wars happen, crises happen.