Tim Geithner: “I think a necessary part of the solution for the U.S. financial system will be a more effective body to bring together…”

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.

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

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.

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.