May 17, 2011 / 10:39 PM / 8 years ago

Geithner says fiscal reform to trump tax overhaul

NEW YORK (Reuters) - Treasury Secretary Timothy Geithner said on Tuesday that budget talks will tie up the Obama administration’s attention for the next two months and implied that corporate tax reform may slide.

“I think realistically this fiscal debate we’re having is going to dominate our preoccupation for the next couple of months,” Geithner said in response to a question after speaking at the Harvard Club.

“But we’ve been doing a lot of work on how to figure out the sensible design of a better corporate tax system and we’d like to move forward on that when we can,” he said, adding that he hoped to do so before presidential elections in the fall of 2012.

Reporting by Glenn Somerville; Editing by Leslie Adler

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