Geithner Approved For Treasury Post Despite Tax Mistakes

By: Associated Press Email
By: Associated Press Email

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Thursday, January 22, 2009

Despite his $34,000 worth of tax mistakes, Timothy Geithner's nomination for treasury secretary is going to the full Senate, with a vote possible as early as tomorrow.

The Senate Finance Committee today voted 18-5 to send it on. President Barack Obama is looking for quick action so that Geithner can take the lead in the administration's economic rescue effort.

The five no votes in committee came from Republicans. They questioned whether Geithner had been candid in his explanation of why he failed to pay Social Security and Medicare taxes over a four year period.

Saying he was disappointed to be voting on the nomination at all, Wyoming Sen. Michael Enzi said, in the past, nominees who made less serious errors "have been forced to withdraw."

Yesterday, Geithner apologized to the committee for what he characterized as "careless mistakes."

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