|
Among those still to be confirmed is Hilda Solis, Obama's pick for labor secretary. Geithner is expected to be confirmed by the Senate as treasury secretary. He cleared the Finance Committee on an 18-5 vote. Obama and lawmakers of both parties are hoping for quick approval so that the point man for the administration's economic rescue effort can begin work solving the worst financial crisis since the 1930s. Geithner appeared before the panel to apologize for what he called "careless mistakes" in failing to pay $34,000 in taxes earlier in the decade when he worked at the International Monetary Fund. Geithner paid the back taxes plus interest for the years 2003 and 2004 after being audited by the Internal Revenue Service. But he did not pay taxes he owed for 2001 and 2002, even though he had made the same mistakes for those years, until shortly before he was nominated by Obama in November to be treasury secretary. The White House was taking the long view of the holdups. Thursday, after all, was only Day Two of the new administration. "The president's most previous job experience before coming here was as a member of the Senate, and he understands the importance of consulting with and keeping apprised the Congress," White House spokesman Robert Gibbs told reporters in his first daily briefing.
[Associated
Press;
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
News | Sports | Business | Rural Review | Teaching & Learning | Home and Family | Tourism | Obituaries
Community |
Perspectives
|
Law & Courts |
Leisure Time
|
Spiritual Life |
Health & Fitness |
Teen Scene
Calendar
|
Letters to the Editor