Showing posts with label By Eliana Johnson. Show all posts
Showing posts with label By Eliana Johnson. Show all posts

Geithner: Administration ‘Absolutely’ Prepared to Jump Off Cliff if GOP Doesn’t Budge on Rates


Treasury Secretary Timothy Geithner said this afternoon that the Obama administration is “absolutely” prepared to let the nation go over the fiscal cliff if Republicans don’t agree to a deal that raises tax rates on the top two percent of income earners.