Geithner rejects brief extension of Bush tax cut (at MarketWatch)

Geithner rejects brief extension of Bush tax cut (at MarketWatch)

August 4, 2010, 4:07 pm

Treasury Secretary Timothy Geithner on Thursday rejected suggestions that Congress extend the tax cuts for those making over $250,000 a year until the economy recovers. In a speech at the Center for American Progress, Geithner said global investors would see the extension as a sign that the U.S. was not serious about deficit reduction.