‘Cliff’: White House waiting on GOP move

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‘Cliff’: White House waiting on GOP move

Treasury chief wants to see serious, concrete proposal
Treasury Secretary Timothy Geithner said Republicans have to stop using fuzzy “political math” and say how much they are willing to raise tax rates on the wealthiest 2 percent of Americans as part of negotiations to avoid the “fiscal cliff” while on “Face the Nation” on Sunday.
This Nov. 30, 2012, photo provided by CBS News shows Treasury Secretary Timothy Geithner answering questions about averting the "fiscal cliff" on the December 2nd edition of “Face the Nation.” Geithner said Republicans have to stop using fuzzy “political math” and say how much they are willing to raise tax rates on the wealthiest 2 percent of Americans and then specify the spending cuts they want, Treasury Secretary. (AP Photo/CBS News, Chris Usher)

‘Cliff’: White House waiting on GOP move

Treasury Secretary Timothy Geithner said Republicans have to stop using fuzzy “political math” and say how much they are willing to raise tax rates on the wealthiest 2 percent of Americans as part of negotiations to avoid the “fiscal cliff” while on “Face the Nation” on Sunday.
This Nov. 30, 2012, photo provided by CBS News shows Treasury Secretary Timothy Geithner answering questions about averting the "fiscal cliff" on the December 2nd edition of “Face the Nation.” Geithner said Republicans have to stop using fuzzy “political math” and say how much they are willing to raise tax rates on the wealthiest 2 percent of Americans and then specify the spending cuts they want, Treasury Secretary. (AP Photo/CBS News, Chris Usher)
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