Treasury Secretary Timothy Geithner made what some have called an outrageous claim about the roles of American citizens and their government, in calling for the most fortunate Americans to bear the burden of the privilege of being an American by paying higher taxes. Is it a privilege to be an American? And if so … what does that privilege cost?
Lizzie O'Leary, Washington-based reporter for Bloomberg News, and Tom McCool, Director of the Center for Economics at the Government Accountability Office, join Todd and Katherine to look at how TARP may be different the second time around.
Bill Richardson, Tom Daschle, Nancy Kilefer, Tim Geithner, and now Hilda Solis. Does President Obama have a vetting problem? To answer that question we are joined by Kenneth Gross, a vetting expert who worked with President Bill Clinton.
Things are not slowing down at all this week on Capitol Hill: Tim Geithner is likely to be approved as Treasury Secretary, the new Senator from New York will be sworn in, and the Senate Appropriations Committee will debate the stimulus bill.
'Whether it's true or not, there's a belief in the the Obama camp that Tim Geithner was for bailing out Lehman Brothers and just was overruled.' --Jackie Calmes on Robert Rubin's acolytes