Geithner Defends Tax Hikes


In his second day of testimony on the Hill, Treasury boss insists proposed tax increases for the wealthy in the budget are needed to help slash deficit.

Blames soaring government debt on Bush administration, reminds lawmakers tax hikes won’t go into effect until 2011.

Related Topics: News, The Page

Post a Comment

You must be logged in to post a comment.

  • Tweets

    View More Tweets From @TIME

Your browser, Internet Explorer 8 or below, is out of date. It has known security flaws and may not display all features of this and other websites.

Learn how to update your browser