I think that will be--that is a necessary thing not just to protect the taxpayer, but to make sure that the Government's role in the financial system is not sustained beyond a point that is necessary.
Tim Geithner: “I think that will be--that is a necessary thing not just to protect the taxpayer, but to make sure that the Government's…”
Editor's note · Context
Geithner emphasizes the importance of government repayment and limiting its financial role.
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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…
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.
Again, our overall objective, and this has to be our shared objective, is to have the private markets, banks and investors, bear more of the risk in housing finance, not less of the risk.





