Treasury Secretary Timothy Geithner discusses the latest on the high-stakes stalemate over the fiscal cliff-hanger, Sunday on "This Week."
Negotiations are at a standstill on Capitol Hill after Republicans dismissed the White House's latest proposal to avoid the fiscal cliff. With both sides dug in on their positions, who will blink first to prevent the year-end tax hikes and automatic spending cuts that threaten to hurl the economy into recession? Will an early battle over addressing the debt ceiling derail talks? And as President Obama takes his case for raising tax rates for the wealthy on the road, will public pressure to make a deal impact Congress?
Treasury Secretary Timothy Geithner discusses the latest on the fiscal cliff negotiations, Sunday on "This Week."
Plus, George Stephanopoulos and the "This Week" powerhouse roundtable debate all the week's politics, with House Deputy Whip Rep. Tom Cole, R-Okla.; Rep. Keith Ellison, D-Minn., co-chair of the Congressional Progressive Caucus; former Romney campaign senior adviser Dan Senor; former Counselor to the Treasury Secretary and Lead Auto Adviser Steven Rattner; and ABC News' Cokie Roberts.
As the days tick away to the new year, what will it take for leaders in Washington to reach across the aisle and make a deal on the fiscal cliff? Will increasing Republican opposition to U.N. Ambassador Susan Rice doom her potential nomination as secretary of state? And as President Obama welcomes former Republican challenger Mitt Romney to the White House, what new lessons are emerging from the 2012 campaign? The powerhouse roundtable debates those topics and more, Sunday on "This Week."
See the whole political picture, Sunday on "This Week with George Stephanopoulos."