Geithner tapped to lead White House team in deficit negotiations


GALLERY: Meet the key players in the fiscal cliff negotiations (Win McNamee / Getty Images North America)

Treasury Secretary Timothy Geithner will be the Obama administration's point person during the deficit-reduction negotiations with Congress, The Wall Street Journal reports:

The move is part of the White House's effort to leave behind the near-catastrophic failure of 2011 talks over raising the debt ceiling. Those negotiations were led by a team, including Jacob Lew, then White House budget chief and now chief of staff, with whom Republicans frequently clashed because they felt Mr. Lew wouldn't agree to major changes to entitlement programs like Medicaid... Congressional aides and those optimistic about the possibility of the latest talks hope Mr. Geithner is better suited to the role of pragmatic deal maker... [Geithner] will be joined by a team of White House budget and tax experts, including Mr. Lew, National Economic Council Director Gene Sperling, NEC Deputy Director Jason Furman and top congressional-affairs official Rob Nabors.

Geithner is expected to step down early in Obama's second term.

Natalie Jennings is a Web producer for PostTV.

politics

post-politics

Success! Check your inbox for details. You might also like:

Please enter a valid email address

See all newsletters

Comments
Show Comments
Most Read Politics

politics

post-politics

Success! Check your inbox for details.

See all newsletters

Next Story
Natalie Jennings · November 26, 2012

To keep reading, please enter your email address.

You’ll also receive from The Washington Post:
  • A free 6-week digital subscription
  • Our daily newsletter in your inbox

Please enter a valid email address

I have read and agree to the Terms of Service and Privacy Policy.

Please indicate agreement.

Thank you.

Check your inbox. We’ve sent an email explaining how to set up an account and activate your free digital subscription.