Timothy Geithner: U.S. Economy 'Doing Significantly Better Than Anybody Had Reason To Expect'

Timothy Geithner: U.S. Economy 'Doing Significantly Better Than Anybody Had Reason To Expect'

U.S. Treasury Secretary Timothy Geithner said Thursday that financial reforms and other actions in response to the global crisis are yielding results, helping the U.S. economy to grow at a pace better than there was reason to expect.
Speaking at a financial conference in Tokyo on Thursday, Geithner said the Obama administration would strive to resolve by the end of the year the impasse with the Congress that threatens to impose a so-called "fiscal cliff" of tax increases and deep spending cuts if the two sides do not reach agreement.