By Real Clear Politics
March 28, 2012
Geithner: Obama Member Of Congress I Said He Inherited Problems From
Sec. Tim Geithner before the House Appropriations Committee admits that Obama was a member of the Congress that he claimed to inherit problems from.
Congressman Tom Graves (R-Georgia): Mr. Secretary, before my question, I know you're reflecting on the past and you're talking about the Congress and the problems that the President inherited from the previous Congress, I certainly want to remind everyone that the President was a part of that previous Congress and the problems that he inherited being in the Senate. Am I correct?
Geithner: I was referring to the Congress that ended in '08 because again, it's worth going through this. The huge drivers of the increase in debt are, to be fair, about three things. Over the long run, they're about Medicaid, Medicare, Social Security -- millions of retirees.
Rep. Graves: The President wasn't a part of that Congress that ended in '08.
Geithner: No, the President -- well, I see you're point. That's a good point. He was a Senator for two years.
