Tim Geithner: “if Congress were to choose to try to defer everything... that would be very damaging to the interests of the country.”

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

I think it's inevitable that the Congress and the administration come together and reform, comprehensively, the U.S. tax code.

The administration and Congress have a responsibility to look forward, reconsider the role government has played in the past.

It's not a partisan issue. It's traditionally had a lot of bipartisan support.