Treasury secretary Tim Geithner Sunday appeared on television reiterating that President Obama has not given up deal in which $4 trillion deficit cutting bill will be part of the the deal to raise debt ceiling. Per Geithner the President is trying to find an area of compromise hopes that the House and Senate incline with the same path as the President. Tax reforms have been cited as part of the benefit deal with benefit cuts to Medicare and Medicaid still on the table.

The nation’s credit rating and the economy is in jeopardy if Congress does not act by August 2