'Can't promise' U.S. won't go over fiscal cliff - Geithner
WASHINGTON (Reuters) - Treasury Secretary Timothy Geithner said on Sunday that he "can't promise" that the United States won't go over so-called fiscal cliff, insisting it is up to congressional Republicans.
"That's a decision that lies in the hands of the Republicans that are now opposing an increase in tax rates," a key sticking point, Geithner told "Fox News Sunday."
House Speaker John Boehner, the top U.S. Republican, said later in a separate appearance on the show: "I don't want any part of going over the cliff. I'm going to do everything I can to avert that."
(Reporting by Thomas Ferraro; Editing by Jackie Frank)
- Tweet this
- Share this
- Digg this
- Boxer Sarita Devi faces action after refusing medal at Asian Games
- UPDATE 8-Dallas Ebola patient vomited outside apartment on way to hospital
- Appointment of Arvind Subramanian as chief economic adviser hits Modi hurdle
- Boxer Sarita Devi showed lack of sportsmanship, say organisers
- China tells foreign countries not to meddle in Hong Kong
BACK IN JAIL
Subrata Roy, the jailed chief of India's Sahara conglomerate, is back in a cell after living in a makeshift prison office for two months as he tried to negotiate the sale of his luxury hotels, a jail official said. Full Article
Appointment of Arvind Subramanian as chief economic adviser hits Modi hurdle. Full Article
Diageo bars United Breweries from appointing independent director at United Spirits. Full Article