"Par-TEE!"4:30 PM, Jan 16, 2013 • By DANIEL HALPER
President Barack Obama, who earlier today offered several gun control measures, is currently attending what appears to be the good-bye party for departing Treasury Secretary Timothy Geithner. Via the pool report:
POTUS, who says he likes a good party, heard there might be one next door at the Treasury this afternoon for his Cabinet BFF, Secretary Timothy F. Geithner, whose last week is next week.
So at about 4 pm, the pool gathered at the Treasury door directly across from the East Wing to watch as Mr. Obama walked over. But while we waited in the gray, wet chill, first the pool watched as the West Wing cleared out for a head start on POTUS.
He was preceded by his nominee for Treasury, COS Jack Lew, David Plouffe, Alyssa Mastromonaco, Gene Sperling, Brian Deese and a few others who got in ahead of us unseen. Then Jason Furman and Nancy-Ann DeParle. Then a foursome -- Jay Carney, Jeff Zients, Dan Pfeiffer and Jennifer Palmieri.
Finally at 4:21, POTUS and VPOTUS walked across together, followed by agents, Tom Donilon, Bruce Reed, Steve Ricchetti and a clutch of others who got by me. Didn't see Denis McDonough.
We are waiting inside Treasury doors.
The subject line of the pool report reads, "Par-TEE!"
An anonymous White House official tells the pool reporter: "The President and Vice President are attending an event honoring Secretary Geithner at the Treasury Department this afternoon. Treasury staff and the Secretary’s friends and family will be in attendance."
UPDATE: The pool reporter adds:
At about 4:50 POTUS and aides filed out of Treasury and someone in the pool yelled something like, "So, you like a good party?"
"They didn't serve any alcohol," Potus said with a BIG grin, munching on something. "Still on a budget."
Seen leaving just ahead of POTUS was former Treasury Secretary Robert Rubin, Geithner's former boss in the Clinton Treasury.
2:26 PM, Jan 10, 2013 • By MICHAEL WARREN
Jeff Sessions, the ranking Republican on the Senate Budget Committee, says he will oppose Barack Obama's nomination of Jacob Lew for Treasury secretary. " Sessions released a statement Thursday afternoon criticizing Lew's nomination. Here's an excerpt:
Jack Lew must never be Secretary of the Treasury. His testimony before the Senate Budget Committee less than two years ago was so outrageous and false that it alone disqualifies.
5:28 PM, Dec 3, 2012 • By DANIEL HALPER
Senator Jeff Sessions, the ranking member on the Senate Budget Committee, is releasing a statement this evening that claims President Barack Obama's "secret" plan "increases spending by more than $1 trillion above the current baseline."
"In other words," Sessions adds, "spending will increase $1 trillion above the already projected growth after enactment of the Budget Control Act as part of the last debt deal. It achieves not one dollar in net spending reduction or debt reduction, and it continues the country on a dangerously unsustainable debt path."
1:05 PM, Dec 2, 2012 • By MICHAEL WARREN
On ABC's This Week Sunday, host George Stephanopoulos asked Treasury Secretary Tim Geithner about a report that Senate minority leader Mitch McConnell "burst out laughing" when Geithner told McConnell the Obama adminstration's proposal to avert the fiscal cliff. Geithner avoided the question.
"He ought to be embarrassed."9:39 AM, Nov 30, 2012 • By DANIEL HALPER
The top Republican in the Senate, Mitch McConnell, revealed to THE WEEKLY STANDARD that he “burst into laughter” when Treasury Secretary Tim Geithner outlined President Barack Obama's fiscal cliff plan yesterday. McConnell believes the plan is "completely unserious."
11:58 AM, Mar 28, 2012 • By DANIEL HALPER
At a hearing today on Capitol Hill, Treasury Secretary Tim Geithner blamed members of Congress (before 2008) for the economic troubles:
11:26 AM, Sep 27, 2011 • By JEFFREY H. ANDERSON
ABC News reports that during an interview with David Muir yesterday concerning President Obama’s $447 billion jobs bill, “Treasury Secretary Timothy Geithner didn’t dispute a Harvard economist’s estimate that each job in the White House’s jobs plan would cost $200,000, but said” — mysteriously —“the pricetag is the wrong way to measure the bill’s worth.”
8:38 AM, Sep 27, 2011 • By MARK HEMINGWAY
Despite the repeated attempts to wish away the Solyndra scandal, it appears to be getting bigger. Today, the Los Angeles Times informs us key White House personnel raised concerns the Department of Energy loan program that gave Solyndra $535 million was poorly conceived and managed long before the solar panel manufacturer's bankruptcy:
4:50 PM, Jul 29, 2011 • By IRWIN M. STELZER
As of this writing, the president has pulled off a great political trick, with the help of some kamikaze Republicans.
Geithner: "[F]irst and most important, we have to lift this threat of default from the economy for, you know, for the next 18 months."4:44 PM, Jul 25, 2011 • By JEFFREY H. ANDERSON
Why, exactly, do we need to extend the debt limit to the point where the federal government can borrow another $2.4 trillion (hardly a nice round number) — about the same amount of money, even in inflation-adjusted dollars, that we borrowed to fight all of World War II? Because, as Treasury Secretary Timothy Geithner made abundantly clear during his Fox News Sunday interview with Chris Wallace, $2.4 trillion is the amount of money that the Obama administration thinks it needs to borrow (on behalf of taxpayers, who will have to pay it back) to get Obama through the next election.