Geithner: Obama Willing To Go Over The Cliff If GOP Won’t Agree To Tax Hikes

Appearing on CNN’s State of the Union with Candy Crowley Treasury Secretary Timothy Geithner:

“If Republicans are not willing to let rates go back up – and we think they should go back up to the Clinton levels, a time when the economy is doing exceptionally well – then there will not be an agreement,”

“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 that’s a choice they’re going to have to make, But, they will own the responsibility for the damage to the American economy.”

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