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Republican Austerity Risks Recession, Argues Timothy Geithner

Complete video available for purchase at http://fora.tv/2012/04/26/Timothy_Geithner_Economic_Outlook_for_2012_and_Beyond

Timothy Geithner, U.S. Secretary of the Treasury, argues the Republican’s plans for U.S. debt austerity could propel America back into a double dip recession. Geithner states that now isn’t the time to cut growth inducing spending initiatives.

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In his visit to San Francisco, Secretary Geithner will address the condition of the U.S. economy as he argues that we have made significant progress toward economic recovery over the last three years, despite a series of external shocks to the economy. Secretary Geithner will also address the state of the global economy ahead of the Administration’s 2012 U.S.-China Strategic and Economic Dialogue (S&ED).

Timothy Franz Geithner is the 75th and current United States Secretary of the Treasury, serving under President Barack Obama. He was previously the president of the Federal Reserve Bank of New York.

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