Tim Geithner to Paul Ryan: "We don't have a definitive solution... We just don't like yours"

Treasury Secretary Timothy Geithner on the Obama Administration's definition of leadership.


Treasury Secretary Tim Geithner: We have millions of Americans retiring everyday and that will drive substantial growth rates for healthcare costs. We're not becoming before you to say we have a definitive solution to our long-term problem. What we do know is that we don't like yours.

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  News & Politics

[Timstuff]

I just realized he looks like Nathan Drake from the Uncharted series. And that's awesome.

[iTitanium]

Ryan's plan doesn't cut enough from the military over season spending.. how does a billion dollar embassy in Iraq benefit the poor and middle class..

[SOS89140]

The last thing he cares about is middle class and seniors.

[TheSoulsParadox]

I like how Geithner looks totally clueless and overwhelmed. So telling. Thank God for the modern age, television, the internet etc, so we can see this. This guy needs to be fired... immediately. Put your bipartisinship aside, admit your are wrong and work with people like Ryan who have a sensible plan for economic recovery!

[alexjxcx]

35% max on fed level, 11% on state level so the top bracket in US is getting a 46% (again not including fica, corporate taxes estate taxes and capital gains + dividends taxes are the main reason why i and many others will leave america for one of the 9 countries rated more free market than america) the US has a higher rate than argentina, luxembourg, finland, sk, china, italy,new zealand, germany, ireland,portugal, south africa,canada switzerland, and uk (in 2013)

[thadolphinman]

I guess you didn't hear in the news recently were France just raised the marginal tax rate on the top income bracket to 75%. Go research the tax rates in Europe. Most of the average income tax rates on middle income earners are in the 30's and 40's, with the top rates in the 50's. Notice I only said income taxes, I didn't include their corporate taxes or the flat taxes that they pay on top. Plus I didn't get that from MSNBC or TYT, but rather from my American Government class in College.

[alexjxcx]

i hope they do cut military spending but hell at least theyll cut something =\ all the libs do is preach for military cuts as they consistently vote for raises in defense spending

[alexjxcx]

2nd lowest in the world? lmfao what msnbc host told you that?! maybe if your one of the many bums in the lower 40% who pay nothing in taxes, but the sad thing is most high income earners are spending 50+% at the state and fed level in income taxes and dont forget us having THE HIGHEST corporate tax rate also cuts wages immensly to begin with along with the 30% fica tax- clinton only balanced a budget because he was the president during the dot com bubble you loon, get off that liberal TYT shit

[alexjxcx]

how does investing in green energy no one making under 250k can afford help either? a few small steps at a time my friend

[thadolphinman]

Ryan wants to bring the GDP back down to the levels government hasn't seen since the 1950's. You can't do drastic cut in taxes for the wealthy, and expect to live in a country with good health care and benefits. Our tax rates are the 2nd lowest in the world. Why can't we just approach this like Clinton and not have huge cuts in retirement benefits while balancing the budget and lowering the deficit. He is the only President in 30 years to do that, and 16 years were under Republican rule.

[George Palmer]

Poor Timmy has been lost since getting on the wrong bus in 2008!

[George Palmer]

Just cut the 48% Entitlement Fraud and our budget gets much better!