U.S. faces big tax, budget test at year end: Geithner

(Reuters) – The government will face a major test on whether it has the capacity to govern when it faces big tax and budget decisions at the end of the year, U.S. Treasury Secretary Timothy Geithner said on Wednesday.

Before 2013, the country will be forced to deal with the expiration of tax cuts that affect nearly all taxpayers, automatic budget cuts, as well as another debate over raising the country’s debt limit.  Read more

Categories: Economics, United States

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