Geithner Won't Rule Out New Taxes For Middle Class
Treasury Secretary Tim Geithner said in an interview airing Sunday on ABC's "This Week" that it will take hard choices to lower the deficit "very dramatically."
He said overhauling the health care system and lowering costs are keys to getting the deficit under control. Geithner was asked in the interview whether he would rule out new taxes. He said the country needs to understand the administration will do "what's necessary."
ABC News: Transcript: Treasury Secretary Timothy Geithner
