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Geithner: No Deal Unless Republicans Agree To Increase Tax Rates

Treasury Sec. Tim Geithner said Sunday that there won't be a deal with the fiscal cliff unless tax rates are raised on the rich.

“There's not going to be an agreement without rates going up,” Geithner said in the interview, which aired Sunday. “If they are going to force higher rates on virtually all Americans because they're unwilling to let tax rates go up on 2 percent of Americans, then, I mean that's the choice they're going to have to make."

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