January 15, 2009

Obama says, Treasury pick made innocent mistake..

WASHINGTON (Jan. 14) – President-elect Barack Obama called disclosures about Treasury choice Timothy Geithner’s tax problems an embarrassment Wednesday but said Geithner’s “innocent mistake” shouldn’t keep him from confirmation as the new administration’s top official in urgent efforts to revive the economy.
The revelations that Geithner had failed to pay $34,000 in taxes several years ago [...]