WASHINGTON, Sept. 8, 2011 /PRNewswire-USNewswire/ -- Today, Congressman Connie Mack submitted a resolution of no confidence in Treasury Secretary Timothy Geithner. This follows a similar resolution filed in the United States Senate by Sen. Rand Paul (R-KY), expressing the same sentiment, namely that Secretary Geithner has wrecked our nation's economic standing with failed fiscal policies.
"I applaud Senator Paul's efforts to turn our economy around by calling for the end of Secretary Timothy Geithner's disastrous and wasteful term at the Treasury Department," said Congressman Mack.
Mack added: "President Obama continues to ignore the American people on our nation's fiscal policy, and now the Congress has to make it clear that Geithner has to go. During his tenure as Treasury Secretary, Mr. Geithner has failed the American people by advocating for massive taxpayer bailouts and doomed stimulus plans. While promising to protect the U.S. economy, he has allowed the U.S. dollar to plummet in value, unemployment to hover above nine percent, and our credit rating to drop for the first time in history."
On March 18, 2009, Mack was the first Member of Congress to call for Secretary Geithner's resignation in the wake of the AIG bonus scandal.
SOURCE Office of Congressman Connie Mack