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Geithner set to defend Obama budget before Senate

 President Barack Obama meets with Treasury Secretary Timothy Geithner,  Wednesday, March 11, 2009, in the Oval Office of the White House in Washingto...
 President Barack Obama meets with Treasury Secretary Timothy Geithner,  Wednesday, March 11, 2009, in the Oval Office of the White House in Washingto...
 Treasury Secretary Timothy Geithner listens to President Barack Obama, not shown, speak , Wednesday, March 11, 2009, in the Oval Office of the White ...
 President Barack Obama meets with Treasury Secretary Timothy Geithner, Wednesday, March 11, 2009, in the Oval Office of the White House in Washington...

Obama

President Barack Obama meets with Treasury Secretary Timothy Geithner, Wednesday, March 11, 2009, in the Oval Office of the White House in Washingto...

Obama

President Barack Obama meets with Treasury Secretary Timothy Geithner, Wednesday, March 11, 2009, in the Oval Office of the White House in Washingto...

Obama

Treasury Secretary Timothy Geithner listens to President Barack Obama, not shown, speak , Wednesday, March 11, 2009, in the Oval Office of the White ...

Obama

President Barack Obama meets with Treasury Secretary Timothy Geithner, Wednesday, March 11, 2009, in the Oval Office of the White House in Washington...

Treasury Secretary Timothy Geithner plans to defend Obama administration policies on taxes and bank relief before the Senate Budget Committee.
Geithner is expected to be questioned sharply on a proposal to restrict tax deductions for upper income taxpayers. Lawmakers from both parties have panned the plan.
Budget Committee Chairman Kent Conrad has said the president's ambitious budget contains a number of difficult provisions that will have to be either dropped or changed.
Senators will likely focus on a proposal to have polluters purchase government permits for their carbon emissions. Another line of inquiry: The administration's plans to further assist the financial industry.


Updated : 2020-11-30 20:13 GMT+08:00