Tim Geithner: “The current process we use for making these choices does not work. It has not worked. It is completely dysfunctional.”

The only way to restore fiscal responsibility and still preserve the commitments we need to make to our retirees and national security, is by a modest increase in the effective tax rate for the Americans who are in the best position to…

If the U.S. Government were at this time... to significantly reduce the assistance it provides students going to college, that would be a bad thing for the country.

If those were embraced by the Congress tomorrow, there would be substantially more confidence around the world in the capacity of this political system in Washington.

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.