Summary
NEW YORK/WASHINGTON (Reuters) - A push to overhaul the U.S. corporate tax code will take a back seat to negotiations on the deficit and debt ceiling over the next two months, Treasury Secretary Timothy Geithner said on Tuesday [May 17].
Mr. Geithner said the Obama administration hopes to take up the issue of tax simplification before the presidential election in 2012 but he signaled the issue is on hold for now.See the full content of this document
Extract
Geithner: Overhaul of U.S. Tax Code Must Wait
"I think realistically this fiscal debate we're having is going to dominate our preoccupation for the next couple of months," Mr. Geithner said in response to a questio...
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