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Posted on February 19, 2011 | tags

 
 

Politics: Timothy Geithner on GOP’s spending diet plan: This will hurt jobs

  • In our judgment, the continuing opposition…in the House would undermine and damage our capacity to create jobs and expand the economy.
  • Treasury Secretary Timothy Geithner • Claiming that the GOP’s spending-cut-heavy plan threatens to severely hurt job creation. Geithner’s advice? Strengthen the economic recovery, then focus on deficit-cutting. “I am very confident that the Democrats and the Republicans will come together on a program to not just reduce spending but reduce long-term deficits,” he continued. source