Tags: Fiscal Cliff | hatch | geithner | obama | cliff

Hatch: Geithner Should Have Resigned

Wednesday, 12 Dec 2012 01:56 PM

By Newsmax Wires

Treasury Secretary Timothy Geithner should have resigned rather than deliver to Congress President Barack Obama’s terrible first proposal to avoid the fiscal cliff, says Sen. Orrin Hatch, R-Utah.

That proposal, offered last month, called for a whopping $1.6 trillion in tax increases and only $400 billion in spending cuts.

“To come up to Capitol Hill and advocate for the program that he did was an insult and beneath his dignity,” Hatch told reporters after a speech Wednesday, Politico reports.

“He should have told the president, ‘I can’t do it.’ And if the president said, ‘You have to,’ he should have said, ‘You’ll have my resignation in an hour.’ It would have maybe awakened the president. That is what a good Treasury secretary should do.”



© 2015 Newsmax. All rights reserved.

Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Experts: Iran Now a Nuclear-Ready State, Missiles Capable of Hitting US

Sunday, 01 Feb 2015 18:30 PM

Regardless of intelligence uncertainties and unknowns about Iran's nuclear weapons and missile programs, we know enough  . . .

Kerik, Harvey: Obama 'In Denial' on Iran, Taliban, Islamic Terror

Thursday, 29 Jan 2015 10:27 AM

The Obama administration refuses "to define the (Islamic terror) threat and importantly, it seems that they don't unders . . .

Lynch Pledges Independence If Confirmed as Attorney General

Wednesday, 28 Jan 2015 10:56 AM

Under pressure from Republicans, Loretta Lynch promised a fresh relationship with law enforcement and with Congress on W . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved