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December 02, 2012


Geithner Says No Deal Unless Rates Go Up

Treasury Secretary Timothy Geithner drew a line in the sand over taxes in defense of the Obama administration's controversial proposal to avoid the fiscal cliff, CNN reports.

Said Geithner: "There's not going to be an agreement without rates going up. If they are going to force higher rates on virtually all Americans because they're unwilling to let tax rates go up on 2 percent of Americans, then, I mean that's the choice they're going to have to make."












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