On Jan 21, 2009, Treasury Secretary-designate Timothy Geithner said Wednesday he was careless in failing to pay $34,000 in Social Security and Medicare taxes earlier this decade.
Geithner told the Senate Finance Committee he was sorry that his past transgressions were now an issue in his confirmation at a time of deepening economic distress. He apologized to Congress and has been quoted as saying these things:
“I have paid what I owed.”
“These were careless mistakes. They were avoidable mistakes… But they were unintentional”
(I hired an accountant who) “did not catch my error.”
“I absolutely should have read it (IMF statement) more carefully… I signed it in the mistaken belief I was complying with my obligations.”