WKYT | Lexington, Kentucky | News, Weather, Sports

Geithner Could be Confirmed Today

WASHINGTON (AP) - President Barack Obama's Cabinet is set to get
another member today.
The Senate is poised to confirm Timothy Geithner as
treasury secretary despite his tax questions.
Some Republicans say his confirmation will create an unusual
situation: A Cabinet member heading the agency that oversees the
IRS who had to cut a check to pay back taxes and penalties.
Geithner failed to pay $34,000 in back taxes earlier in the
decade but now has paid it all.
Supporters say Geithner's reputation as a financial whiz make
him the perfect person to lead the country out of the economic hole
it's in. They cite his vast financial experience as head of the New
York Fed and work at the Treasury Department under three
presidents.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus

WKYT

2851 Winchester Rd. Lexington, Ky 40509 859-299-0411 - switchboard 859-299-2727 - newsroom
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 38320824 - wkyt.com/a?a=38320824