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Occurrences in the Congressional Record

Entry Title Date
Work To Be Done December 6, 2012
Jeff Bingaman, D-NM
"The fifth item I want to mention is that Congress needs to give the President the power to raise the debt ceiling. At the same time, Congress should retain Congress’s right to disapprove of that increase. But Secretary Geithner has made a proposal to the Congress that I believe makes good sense. It is based upon the arrangement that was agreed to that Senator McConnell had put forward in the 2011 debt ceiling crisis that we all lived through."
Transaction Account Guarantee Program Extension Act—Motion To Proceed December 6, 2012
Jeff Sessions, R-AL
"Secretary Geithner has been around a while. He knows these numbers aren’t accurate. It is disappointing to me to see him come in with so much bluster. In an interview yesterday he said: We are going to go off the cliff unless Republicans agree to what we demand, and we can’t have a debt ceiling anymore. To have to debate that causes controversy. We don’t want a debt ceiling anymore. Those were basically, as I heard him hubristically suggest, nonnegotiable positions. The plan called for $1.6 trillion in new taxes, twice what the President asked for in the campaign. He asked for $800 billion during the campaign. Now he wants $1.6 trillion in new taxes."
Getting Back On Road To Prosperity January 18, 2012
Louie Gohmert, R-TX
"The Department of the Treasury, under the direction of Secretary Tim Geithner—hopefully he will be okay getting his tax return in this year. He is sitting on $226 billion that was appropriated; and yet it is sitting there unobligated, unspent. Yet Timothy Geithner has told us, you know, there’s just no money to do what he feels needs to be done. He was out there this summer saying, We’ve got to raise taxes because this poor gentleman was not going to be able to cut loose, as we find out, of the $226 billion he’s got sitting in change. And that is not even including the $125 billion that he still has in TARP assets or money, and it’s estimated by some to be maybe about $50 billion in additional assets. So around $170, $175 billion remaining from TARP, $226 billion sitting there appropriated. I guess that means we’ve already borrowed 42 cents of every dollar from the Chinese. So we’re sitting on it."
Currency Exchange Rate Oversight Reform Act Of 2011—Motion To Proceed October 3, 2011
Orrin Hatch, R-UT
"Secretary Geithner has issued five foreign exchange reports, but has refused to label China as a country that manipulates its exchange rate for the purpose of gaining unfair competitive advantage in international trade. Let me repeat that, despite many bold claims about using all the tools at their disposal to counteract China’s trade policies, the administration refuses to designate China’s policies as being consistent with currency manipulation for trade advantage. The question that I and most of my colleagues from both sides of the aisle have is: Why?"
Faa Reauthorization July 28, 2011
Orrin Hatch, R-UT
"The FSOC, chaired by Treasury Secretary Geithner, has refused and ignored my request for basic information about government finances and government contingency plans in the face of dire warnings of threats to our Nation’s financial stability."

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