On the recordSeptember 9, 2009
But if you think through what happens when you let default happen, consider the trauma caused by Lehman's default to get a sense of the damage that can result.
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congress.govTim Geithner: “But if you think through what happens when you let default happen, consider the trauma caused by Lehman's default to get…”
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Geithner discusses the consequences of allowing defaults in financial institutions.
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Feb 14, 2012
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…
Feb 13, 2012
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.
Dec 4, 2012
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.
Dec 4, 2012
When Timothy Geithner says today that he's willing to go over the cliff, he's saying it because, yes, it's posturing. But he's also saying it because he means it.
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