Geithner Back Tracks on Possible Tax Increase

Remember last month when Secretary of the Treasury Timothy Geithner would not rule out a tax increase for the middle class to resolve our budget woes?

Well, apparently he’s changed his mind. Speaking this week, Geithner was asked the same question. This time, his answer was: “I don’t think so, no.”

So there you have it. Yes and no. (I still expect no.)

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