ORIThe White House denied that Geithner resigned to Obama
Last week, the media quoted sources as saying that has been considered for some time Geithner Obama kids boots said he planned to cut the deficit in the current round of negotiations after the leave. After the news broke, Geithner I have been no positive response.
5 at the White House at a regular press conference, a reporter direct confirmation, "Geithner kids jerseys told Obama if he was leaving," White House spokesman Jay Carney replied, "As far as I know, no, I think in the next period of time he was finance minister. "
About to usher in the Aug. 50 birthday Geithner is the first nomination of Obama cabinet member, has been the backbone of its economic team, but since the mid-term elections kids jackets in November last year, Republicans controlled the House, Obama and Republicans frequently on tax, deficit reduction and other issues a heated argument, in the middle of Geithner rather not do anything, the intensity of work than ever before.
Into May this year, Geithner pressure continues to increase. On the one hand the U.S. unemployment rate highest youth shoes cheap in 26 consecutive months, more than 9 percent, on the other hand, May 16 U.S. $ 14.29 trillion national debt in fierce legal limit, if not improve by 2 August the legal limit, the U.S. will be forced to default debt, triggering a global "financial earthquake."
After news broke last week, leaving some analysts noted that with the approaching 2012 presidential election, to resign if Geithner, Obama candidates for nomination of youth clothes wholesale new material in the Congress through some "fight" to the post, which could once again delay the U.S. weak economic recovery, so do not rule out Obama pains to retain Geithner, then wait at least stabilize the economic recovery proposal.
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