The Geithner-Tea Party Alliance
Didn't see it, but on Meet the Press, Treasury Secretary Tim Geithner said:
DAVID GREGORY: How viable a political force do you consider the Tea Party to be?
TIMOTHY GEITHNER: [L]et me do the positive side of this. Okay? We've-- just been through eight years where people said-- many people said, ‘Deficits don't matter. We can-- we can pass huge tax cuts, pass huge new programs without paying for them.’ That debate has changed fundamentally. Now you don't hear people say anymore, ‘Deficits don't matter.’ You don't hear people saying that we can pass enormously—enormous expansion of government without paying for it. That's an important change. I think all Americans understand that our deficits are unsustainable. And I think that'll be helpful as we move to try to make the hard choices to bring them down again.”
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