Tim Geithner: “I hope you can provide us with some assurances today that the billions of dollars that taxpayers are being asked to…”

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

I believe, as does the President, that there is no plausible way for us to address the many economic challenges facing the country, including our unsustainable fiscal deficits, without asking those most fortunate few to pay a modestly…

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 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…