Geithner: We need a deal by next week
July 12th, 2011
11:26 AM ET
3 years ago

Geithner: We need a deal by next week

Washington (CNNMoney) - Treasury Secretary Tim Geithner said Tuesday that he wants a deal to raise the debt ceiling and cut the budget by the end of this week - or next week at the latest - to give Congress enough time to turn the deal into law.

"We know we don't have a lot of time, and we want to wrap up the broad outlines of the agreement by the end of this week, certainly by the end of next week," Geithner said at the Women in Finance Symposium at the Treasury Department.

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Filed under: Congress • Debt • Deficit • Tim Geithner
soundoff (30 Responses)
  1. There, I said it

    Geither is worried about Wall Street, along with Larry Summers, Paul Rubin and Alan Greenspan. Bush should have Taxed us to pay for the wars. Taxes are at the lowest level since the 1950's, yet no jobs. The government is losing jobs and the private sector/job creators are adding none. We need to Spend on Job Programs to put America back to work. The working and middle class with decent jobs will spend more and pay more in taxes and create revenue. We need a Marshall plan for the US.

    July 12, 2011 01:11 pm at 1:11 pm |
  2. Sniffit

    "Republicans seem to be in love with deficit spending."

    Of course they are. For 30+ years they have been doing everything they possibly could to manufacture this very argument: "We have a spending problem and must destroy Medicare, Medicaid, SS, welfare, food stamps, etc., in order to save the universe."

    July 12, 2011 01:11 pm at 1:11 pm |
  3. ryanrory

    Four and the door. Life is so simple in your world. Put blinders onto everything that has transpired to this point in history, mix in some republican talking points add a little short sightedness and "Shazam" the economy is cured. One question, please answer honestly. Did George Bush say that the tax cuts were temporary or not? You respond on this blog all the time, therefore leading me to believe you have some empirical evidence to back up what I would consider rhetoric to this point. P.S. Thank you Rudy for researching your answers and presenting a more complete picture of the situation in front of all the citizens of the United States . Peaceout

    July 12, 2011 01:24 pm at 1:24 pm |
  4. RUsurprised

    Let's just put all the rocks on the table and both sides come clean
    we can't afford to be at war, can't afford our senior citizens, can't afford the unemployd, can't afford medi-scare, can't afford over priced poliliticians, can't afford, can't afford to be a 3rd world country. Love everyone's finger pointing and blame game. Wait until people are rioting in the streets like Greece, and then tell us what the solutions are. Idiots on both sides.

    July 12, 2011 02:02 pm at 2:02 pm |
  5. GI Joe

    I see Four received his weekly talking points from the t-baggers.

    July 12, 2011 02:03 pm at 2:03 pm |
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