Geithner: GOP Will Cave on Fiscal Cliff

Obama’s top fiscal-cliff negotiator is feeling confident. Treasury Secretary Tim Geithner said on Sunday that John Boehner and his House cohort will eventually give in to the president’s demand to raise taxes on the wealthy as part of a deal. “There’s not going to be an agreement without rates heading up,” Geithner asserted on CNN's State of the Union. Boehner, on a separate program, balked. “When you go and increase rates,” he said, “you make it more difficult for our economy to grow.” And the clock ticks on.