'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
Half of India's thermal power stations have less than a week's supply of coal on hand, according to weekly data, the lowest level since mid-2012 when millions of people were left without power in one of the world's worst blackouts. Full Article
In race for bigger margins, drug makers willing to lose the India "advantage". Full Article