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Timothy Geithner's Claims Contradicted by the Facts; Obama Must End 'Distraction' of Nomination as Banking Crisis Deepens
January 21, 2009Peter Flaherty, President of the National Legal and Policy Center (NLPC), today made the following statement: "Timothy Geithner paid his payroll taxes for 2003 and 2004 after being audited, but did not pay for the years 2001 and 2002, relying only on the statute of limitations. He later paid them after being considered for the Treasury post by Barack Obama. These very simple circumstances should disqualify anyone from a high government post, especially service as the Treasury Secretary, who oversees the IRS. Full release.