2012-11-27 — huffingtonpost.com
President Obama has tapped Geithner to lead negotiations with Congress over the $600 billion or so in tax increases and spending cuts looming next year, the Wall Street Journal's Damian Paletta reports. Geithner and Congress got off to a fairly rocky start back in 2009, Paletta notes, but now they're both totally comfortable with each other because Geithner has only testified on Capitol Hill a bajillion times, so he is perfect for leading the negotiations, apparently. Also, Paletta notes that Geithner's mentor was Robert Rubin, the deficit-obsessed Wall Street shill, so what could possibly go wrong? Aside from the dismantling of the social safety net to spare the wealthy? Other than that, no worries.
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