Geithner Won’t Rule Out New Taxes for Middle Class

the tax cheat wants other people to pay more taxes. Did Steph ask him if he would pay his own taxes ?

Only 12% of the stimulous has been spent. How about these jokers in the house and President Spendbama take another look at some the of BS that they shoved down out throat. It is not their money, they should do the job they were elected to do instead of using money that our children will not even be able to pay the interest on to buy votes or payback their donators. How Chris Dodd and Barney Frank have not been thrown into jail is a mystery.

simple, we just follow his example and not pay them.

HMMMMmm! "No new taxes on those who make less than $250,000," sayeth Obama in late 2008. Now, Obama is saying that he may have to raise those within the middle class. DOES HE HAVE THE FOGGIEST IDEA OF WHAT HE IS DOING??

Remember folks, these statements are coming from a guy who is 'Tax Paying Challenged.' Doesn't that make you feel comfortable??

I voted for Obama and am really sorry that he has infiltrated his administration with idiots like Geithner and the other crooks that are from Goldman Sacks. Goldman is one of the main reasons this country is in this fiscal mess, half the bankers there should be in jail for maker manipulation. If he raises taxes it will be the same as the first Bush, one term. His blue dogs already caved under insurance lobbyist and now this.

Anybody who believed Obama's campaign tax promises is a fool.

Who are the rubes now. Quelle suprise! We are all French now

I knew this was coming regardless of who took office. We have too big of a deficit. That last guy kept cutting taxes (during a war - unheard of) and yet kept on spending like there was no tomorrow. A few of you need to get that Obama inherited most of this mess - it's not like he walked in and spent THAT much. So, time to pay the piper.

More politics and lies.

Just more tax and spend- apparently they are all the same no matter what is said while in the campaign. Obama, Pelosi, Dodd, Franks, Baucus, etc- all TAX AND SPEND

Wake up folks- between taxing our health insurance benefits and higher income taxes they are taxing us to death!!!!!! VOTE THEM OUT!!!!!!!!!!!

Fedup--Actually,it IS like he walked in and spent that much. He inherited a $1.9 trillion dollar deficit, and in six months, he turned it into a $9 trillion dollar deficit.
I won't defend the spending under Bush, but he only cut taxes once--before the war--and it quickly pulled us out of the recession HE inherited.

As for raising taxes to balance the budget while the economy is still weak--well, we know how well it worked for Herbert Hoover. Only an economically ignorant idiot would talk about raising taxes during the current crisis--and this administration seems to have more than it's share, starting at the very top.

Anybody who listened to what Obama said he was going to do and then believed him when he said he would not raise taxes on the middle class is math-challenged, to say the least -- not to mention credulous and gullible. The man's insincerity was obvious even if the math had made sense. We are where we are because we let him win.

Excuse me? WHO won't rule out tax increases?

Mr. Geithner needs to review the constitution. The power to tax lies with the congress, not with the executive branch.

-jcr

To Rescue the Economy...

Step 1) We need to pour massive amounts of money into pointless projects run by political cronies. Don't worry, this will fix everything.

Step 2) By the way, we need you all to pay for all those pointless projects.

How the hell did that fix anything? All they did was charge a bunch of unproductive junk to their buddies and then hand us the maxed out credit cards.

Still proud to say that I voted for McCain. Anyone making over $50K a year who voted for this inexperienced, socialist liar was a fool! Obama has accumulated more debt than any president before him and he's only been in office 6 months. He DID NOT inherit THAT!!

Oh really? So now you are asking all of us to pay back the money you borrowed from the Chinese and gave to your buddies at Goldman? NO WAY! You can kiss our grits!

Stephanopolis and his panel of overpaid experts should hang their heads in shame as the rape of America continues--aided and abetted by them.
I rarely watch these types of programs anymore and I used to be a regular viewer. The nonsense emanating from the likes of Geitner and Greenspan is nauseating. Stephanopolis--who I used to admire-- has proven to be no more that an organ for propaganda. How do these people live with themselves?

The two party system is obviously failing in this country. Americans are too easily "herded" into supporting politicians based on so-called party affiliation--regardless of his or her actions. As long as we can be spilt in half along party lines, we will put all energy in deriding Sarah Palin, while the wolves continue to raid the chicken pen.

Clearly, Obama is a puppet brought to us by the same folks that burdened us with Bush and the war that has contributed to our financial woes. Taxation is yet another way that Obama will burden the American people to offset the mistakes of the Geitners and Greenspans. How Geitner can blithely gloss over rising unemployment and the devastation it wroughts on American families is a mystery. His refrain of what Americans "need to understand" is condescending and demonstrates that he feel NO responsibility for the mess we are in. What amazes me is the complacency of the American public--especially the so-called liberals who continue to stomach the blatant contradictions between what Obama says about the war(s), healthcare, the banking industry, ETC and what he DOES.

George Orwell called this sort of mass self-delusion "double-think". I call it a frightening reality.

We are in big trouble.

Martina

Fedup, are you serious when you say, " A few of you need to get that Obama inherited most of this mess - it's not like he walked in and spent THAT much. So, time to pay the piper." Have you seen the numbers for the stimulus bill, the cap-and-trade proposed bill, the proposed health care "reform", heck,even the Cash for Clunkers program? The current administration is definitely spending like there is no tomorrow and is increasing the deficit so far, not reducing it.

When my children tried to pull, in their younger years, "but so-and-so did it first" as an excuse for bad behavior, I did not let them get away with it. The fact that Bush raised the deficit is not a rationale for allowing Obama to raise it even higher, faster.

I'll make a deal with you, Fed. You can raise my taxes enough to pay my fair share of the deficit increase in the Bush administration's 8 year run. In return, you can let them raise your taxes enough to pay your fair share of the Obama administration's increased spending programs for the entire run of his administration. I am certain I'll get the better end of that deal.

This coming from a tax cheat who was supposedly such a financial guru that Obama said that we needed to overlook that. And little Georgie didn't call him on that. You're a pathetic excuse for a journalist George.

Cmon you Obama voters...be patriotic like Biden says....pay more taxes! Oops...that right. Most of you are bottom feeders who get more from the government in services than you pay in taxes...if you even pay taxes at all!

This administation is a tax and spend without any controls.

For the sake of the economy, we need a drastic cut in spending. If there are concerns that will be contractionary, couple it with a significant payroll tax cut and a waiver of the forthcoming expiration of current income tax rates.

Instead of shifting entire industry sectors to government funding and control, like healthcare, we should establish a basic federal minimum policy standard that pre-empts out-of-control state mandates and impose national restrictions on the malpractice lawsuits driving "defensive medicine".

Through a simple reinsurance program, government could offload the handful of liability tranches (including pre-existing conditions) that inhibit the granting of new policies.

So many good potential policies out there. But the Administration's lurch to the Left is taking this country down a dangerous, potentially irreversible path toward poverty as a nation.

Geithner has a history of not paying his own taxes but won't hesitate to raise ours. This is just one more of illustration of just how thing the veneer of integrity that got the president elected. Remind me please who supported Obama that he hasn't sold out? The gay community has heard him defend the some of the most bigoted and prejudice legislation ( Defense of Marriage Act , and " Don't ask Don't Tell) Git-mo remains open, with "Interrogations" continuing. The middle class about to be taxed again and instead of Health Care reform he pushes a Giant Multi Trillion Dollar Insurance Boondoggle the will lower the standard of care for all Americans.
Wow this is the change?

What a boon doggle!

How about paying your own? You Phony!

One Termer...