Geithner: 'The Overall Cost of Energy for Consumers Is Down'

Geithner: 'The Overall Cost of Energy for Consumers Is Down'

On Sunday, Treasury Secretary Tim Geithner told ABC’s This Week host George Stephanopoulos that Americans are “in a much better position to deal with” soaring gas prices because “the overall cost of energy for consumers is down.”

Then, in another Sunday appearance, Mr. Geithner went on Meet the Press and told NBC’s David Gregory that President Obama’s handling of the financial crisis has been “extremely successful” and that “history will judge what he [Obama] did as remarkably effective crisis management.”

In 2009, Tim Geithner became U.S. Treasury Secretary despite the fact that his confirmation revealed that he had previously failed to pay $17,230 in taxes and interest from 2003 and 2004 and another $25,970 from 2001 and 2002.

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