Video: Tim Geithner Says No Deal if Republicans Refuse to Raise Top Tax Rates

Good for Geithner, and good for the White House not letting the Republicans try to bully them, as is their wont. The fact is, the overwhelming majority of the American people believe that the rich should pay higher rates as part of a balanced, deficit-reduction package. If Republicans are so beholden to intransigent, anti-tax/anti-government extremists like Grover Norquist that they won’t compromise, then we will all know exactly who to blame – and to vote out of office in 2014 – if we end up with no deal on January 1, 2013.