President Barack Obama’s nominee to be Secretary of the Treasury is expected to be confirmed by the Senate today.
But in a speech prepared for the Senate floor, but not yet delivered, Sen. Susan Collins, R-Maine, says she won’t be voting for Timothy Geithner.
"Throughout the state of Maine and indeed throughout the nation, millions of hard-working Americans pay their taxes on time and in full," Collins says. "Our taxation system is essentially an honor system that depends on self-assessment and honesty. When taxpayers make mistakes, they are expected to correct them promptly and completely. How can we tell the taxpayers that they are expected to comply fully with our tax laws, when these laws have been treated so cavalierly by the person who would lead the Treasury Department and, ultimately, the Internal Revenue Service, when he was applying them to himself?"