On the recordJanuary 6, 2011
Our deficits are too high. They are unsustainable and, left unaddressed, these deficits will hurt economic growth and make us weaker as a Nation.
Source
congress.govOur deficits are too high. They are unsustainable and, left unaddressed, these deficits will hurt economic growth and make us weaker as a Nation.
Geithner highlights the dangers of high and unsustainable deficits.
Share
More from Tim Geithner
You cannot govern a country if you commit never to raise taxes on anybody, because things change, wars happen, crises happen.
I definitely believe that Dodd-Frank has put us in a much stronger position than we were before the crisis.
If the U.S. Government were at this time... to significantly reduce the assistance it provides students going to college, that would be a bad thing for the country.
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.