Geithner Confesses: Obama Wants To Go Off Fiscal Cliff
(National Review Online) 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.
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In an interview on CNBC, Geithner was asked, “When it comes to
raising taxes on the wealthy, those making more than $250,000, if Republicans do
not agree to that, is the administration prepared to go over the fiscal cliff?”
”Oh, absolutely.”
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