Tim Geithner: “It was clear in the absence of a private solution on Tuesday we were going to have to file bankruptcy by Wednesday…”

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.

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

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.

The TARP bank investments have already produced a profit for the taxpayer of over $19.5 billion.