WASHINGTON 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)
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World financial leaders will agree to calibrate and communicate monetary policy carefully to avoid triggering capital flight, but will not call an expected U.S. rate rise a risk to growth, a draft communique showed. Full Article