Federal Taxes

WASHINGTON - Timothy Geithner won a closer-than-expected Senate confirmation Monday to become Treasury secretary after taking a pounding for his past tax flubs.
The Senate voted 60 to 34 to confirm Geithner, head of the Federal Reserve Bank of New York. He was sworn-in Monday night and will oversee President Obama's economic recovery plan.
Geithner's appointment, originally considered a slam dunk, got tangled up when it was learned he had failed to pay $42,702 in back taxes until after he was picked for the job by Obama.
Senate opponents argued Geithner should not be an exception to a rule that has seen IRS workers fired over unpaid taxes. Geithner's backers said he had made innocent errors - and insisted he's the best man for the job.

"People make mistakes and commit oversights," said Sen. Orrin Hatch (R-Utah). "But our expectations for him are high."
Four senators aligned with the Democrats voted against Geithner. "He made some serious failures in judgment," said Iowa Democrat Tom Harkin. "I bode him no ill will personally . . . but how can Mr. Geithner speak with any credibility or authority?"


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