GEITHNER: WE’RE GOING TO RAISE RATES FOR THE RICHEST 2%
Treasury Secretary Timothy Geithner appeared on CBS’s Face The Nation yesterday to explain where the White House stands on the fiscal cliff negotiations.
“We’re going to have higher rates and higher revenue from just 2% of Americans. 98% of Americans do not need to see, and are not going to see, an increase in their marginal tax rates. That’s a very important commitment of the President’s.”
He also explained what could stop a deal from happening.
“The only thing that stands in the way of an agreement that’s good for the American economy is if a group of Republicans decide they’re going to block any increase in tax rates on the wealthiest Americans.”
If you believe that Congress must put the middle class over millionaires, then now is the time to step up. Join The Action and make your voice heard today.