By Damian PalettaTreasury Secretary Timothy Geithner on Thursday said the U.S. “can’t afford” to extend the Bush-era tax cuts for the upper-income when they expire later this year, as he spelled out the Obama administration’s economic views in a speech to the Greater Baltimore Committee in Maryland. Mr. Geithner�s speech touched on a number of key fiscal and economic issues. Here are some takeaways: 1) President Barack Obama has said he wants to extend the Bush-era tax cuts only for those families earning less than $250,000 and he�s vowed to veto any bill that tries to extend the tax cuts for the upper income as well. Speaker of the House John Boehner (R., Ohio) said Tuesday the House would vote this fall to extend all ... Continue reading →