January 22nd, 2009
11:33 AM ET
4 years ago

Senate Committee endorses Geithner for Treasury

Geithner has been approved by the Senate Finance Committee.

Geithner has been approved by the Senate Finance Committee.

WASHINGTON (CNN) - The Senate Finance Committee voted 18-5 Thursday to send the nomination of Treasury Secretary-designate Timothy Geithner to the full Senate.

Geithner apologized to the committee during his confirmation hearing Wednesday for his past failure to pay more than $34,000 in self-employment taxes between 2001 and 2004.

Filed under: Timothy Geithner
soundoff (191 Responses)
  1. Arison

    Give him a chance. He will learn from his mistake.

    January 22, 2009 01:55 pm at 1:55 pm |
  2. WELCOME TO THE OBAMA SHOW!!!!!!!!!!!!



    January 22, 2009 01:58 pm at 1:58 pm |
  3. Richard Wylie

    This should tell every american that it is OK to cheat or not even pay
    their taxes.

    January 22, 2009 02:00 pm at 2:00 pm |
  4. AIPAC firmly in control!

    backing loan sharks of wall street!

    January 22, 2009 02:01 pm at 2:01 pm |
  5. Lori In DFW, Texas

    Yikes. Another crooked beltway insider in charge of our money again.

    No matter how promising this new president looks, picking this devious snake to handle the treasury is a HUGE DISAPPOINTMENT.

    If this appointment is a pay-back for the financial backing Obama received to reach the presidency, then shame on him.

    Only peons like ourselves will get our possessions taken and our butts thrown on jail for "forgetting" to pay taxes. Guys like Geithner say "oops" and keep moving higher up the employment ladder.

    Ugh. Washington was built on a fetid smelly swamp, and little has changed in 200 years.

    January 22, 2009 02:02 pm at 2:02 pm |
  6. alvino

    Geithner is one of the few that can fix Bush's mess, and needs to get to work immediately.

    January 22, 2009 02:02 pm at 2:02 pm |
  7. Mick in Mesa

    Confirm the guy ASAP – But lets hope the media (and not the plantation senators) keeps him under the microscope to make sure he doesn't make anymore "honest mistakes".

    Just remember Bushie – The intelligence reports he twisted and edited to make his case were "honest mistakes" too because the spineless media decided to "play along-go along" so not to be labeled un-American. He knew they would and took advantage of the wishy-washy media of the time...

    January 22, 2009 02:09 pm at 2:09 pm |
  8. Joe Anoka, Minn.

    "False in small things, false in all things." He can't take care of his own finances and he is going to be Secretary of the Treasury? It just shows what a sewer the politics in this country have become. I hope that Obama kicks Reid right where his balls are supposed to be. Any recommendation from either Reid or Pelosi should be a red flag.

    January 22, 2009 02:17 pm at 2:17 pm |
  9. Pete

    This is just following the democrats mantra, no personal responsibility for your actions.

    A tax cheat in charge of the IRS?

    Change I'm laughing at.

    January 22, 2009 02:19 pm at 2:19 pm |
  10. rjn

    On April 15th a lot of people will be filing for the " Geithner extension".
    Pay IF you get caught.
    Katie Couric why don't you ask him what he has been reading, he sure could use the IRS 101 on how to file taxes.
    This will really bring Change on how we pay our taxes. Pay when you want. Thanks Obama!!!!

    January 22, 2009 02:20 pm at 2:20 pm |
  11. Richard Wylie

    He has good experience in cheating. What else does he have experience in?

    Surely someone else could have been chosen for this position.

    This is like putting the arsonist in charge of the fire department.

    January 22, 2009 02:20 pm at 2:20 pm |
  12. Proud Soldeirs Mom

    Here we go!
    Now as for transparency, Obama made a big deal about reforming the white house web site, saying that this is how he will show transparnency,
    In other words, he will tell America what he wants America to know. No more, No less! No oversight, only what he wants us to know.
    Get it!

    January 22, 2009 02:20 pm at 2:20 pm |
  13. rajni chokriwala

    I donot agree that it was a mistake. He has to know we pay our taxes and we know that if our employer gave us more money why did they give us we will try to find and he is irs person. it should be looked more deeply in it. well the crooks are looking after crooks it looks like.

    January 22, 2009 02:21 pm at 2:21 pm |
  14. Evan

    We should have hired H&R Block – they got people that don't make mistakes on taxes. Probably would have saved us some money since this expert in money can't figure his taxes.

    January 22, 2009 02:21 pm at 2:21 pm |
  15. chad

    This is Obamas third BIG mistake. All made before he was sworn in. I have a feeling there are many more mistakes to come and I am an Obama supporter. Not paying his taxes should make him the last person eligible, not the first. Sending a love kiss to evangelicals by asking Warren to pray at the inauguration was the second BIG mistake. And don't tell me that Obama didn't let it be known to Harry Reid that he preferred to seat Burris. These sort of excuses for everyone will turn this administration into a cancer if it continues.

    January 22, 2009 02:23 pm at 2:23 pm |
  16. Barbara T, Long Beach Ca

    in our current society it seems to have become the "norm" to be dishonest UNTIL you are caught then profess ignorance"...

    the problem is – we the people at the bottom of this heap of bulls**t that trickles down is not given this opportunity... we go to jail!

    this is one nomination I am very skeptical of and unfortunately it was the most critical one!!!

    January 22, 2009 02:23 pm at 2:23 pm |
  17. Michael Houston, Texas

    Uh people, he paid his back taxes already. Now I do agree with some that I don't buy his story of a "honest mistake". Dude, you were a CPA. How did you not know that you owed that money. And the minute you did get a letter from the IRS saying you screwed up, you should have sent a sorry note with a check right then, not wait until President Obama wanted to pick you as Sec Tresuary and then decided to scratch a check. Although I feel the IRS is the biggest waste of tax dollors ever, laws are laws. Now he may be one of the brightest economic minds out there, but don't tell me that you made an honest mistake. Just tell the truth, you snub your nose at that issue because you felt it was beneath you and ignored it and it came back to bite you in the rear end.

    January 22, 2009 02:24 pm at 2:24 pm |
  18. Brad

    Obama has made a few appointments that the American people can embrace and support. This is NOT one of them. Geithner apparently believes that he is above the law.

    January 22, 2009 02:24 pm at 2:24 pm |
  19. Charlotte

    The real question is why all these sore losers are deciding to paint the man as a criminal when they have absolutely no information regarding what actually happened. They just want to whine because they can't find anything real to complain about (yet – granted – there's plenty of time for all the players to make mistakes or go astray but as of yet there is no knowledge among these bloggers of what really occurred). I would venture a guess that not one of these people screaming "off with his head!!" has a clean tax return in their past – and mostly this would be due to mistakes. The mistakes in this case were identified, he paid them along with all required interest and fines, and he even paid some additional ones that the law didn't require, once they were identified. Thus there's no excuse to call him a crook. IRS employees who make erros on their forms are NOT fired right away unless it is proven that they have deliberately cheated. This is not the case here.

    January 22, 2009 02:28 pm at 2:28 pm |
  20. tjp, valley forge, PA

    Yet another crook controlloing our money. Why no complaints from Nancy Pelosi?? Perhaps the culture of corruption permeates both sides of the aisle.

    January 22, 2009 02:28 pm at 2:28 pm |
  21. Matthew, Houston, TX

    Why can't I get a comment out of moderation? I did not say anything near as negative or snarky as several others whose comments are posted. Come on, CNN, do a responsible job of moderation and let more than negative spewing idiots get posted.

    January 22, 2009 02:30 pm at 2:30 pm |
  22. aware

    What a joke! He cheats or he is stupid – either way he is not fit to be Treasury Secretary! 😦

    January 22, 2009 02:31 pm at 2:31 pm |
  23. jackie, Fort Worth, TX

    I agree this looks shady on the surface, but having been audited a couple of times, I don't see what all the fuss is about. Apparently he was audited and he paid the money back (although one year was paid back late).

    an error was made on my taxes by the preparer and I owe $4400. Not my fault and not intentional. You don't get jail time, you just pay the money back.

    This happened in 2001 and was taken care of. If it as though he just refused to pay his taxes.

    The majority of the experts feel he is the best man for the job and in spite of the economic crisis we are in, I say let's give him a chance.

    January 22, 2009 02:31 pm at 2:31 pm |
  24. Barack wins and we collectively lose.

    Geitner gets to break two rules. 1) Hire illegals to work for him and not pay taxes. If he is head of the IRS, I guess it is ok now if we don't pay my taxes too. If we are audited, I will just say it is a caresless mistake, and all those illegals working for me, was also a careless mistake, no worries.

    What a double standard. If this was a Republican being nominated, he would be tarred and feathered. This is pretty sad day for America.

    With Obama's increasing the size of government and policies that will decrease the size of Main street jobs with unions strengthening, taxes increasing, regulation increasing, foreign trade decreasing, you will sadly see a day soon when more people will be working for the Gov't then there will be working jobs on Main Street. When that time comes you can rightfully call our country a Socialist country. That day is not too far away, and with Obama and Geittner it is just around the corner.

    Historically the best way to increase the economy is to sell goods and services not only domestically but worldwide that consumers want, that is what increases GDP.

    Government is not very good at producing goods and services that are wanted, they produce services that are shoved down our throats and are inefficient in how they spend our money. They are like a black hole of wasted money, resulting in the justification by politicians that we need to raise taxes even more.

    Let's hope that this administration doesn't completely destroy what made this country great, and that is our Capitalist Free Market Economy.

    January 22, 2009 02:31 pm at 2:31 pm |
  25. Cynic

    He paid his taxes, he didn't include certain deductions (like social security, unemployment...), he didn't neglect to pay his personal "income tax" in total. It shouldn't have happened, it cost you plenty of cash in interest, and penalties, he knew that fact because no one gets away from under paying the IRS.

    January 22, 2009 02:32 pm at 2:32 pm |
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