Treasury Secretary Timothy F. Geithner on Sunday defended President Obama’s proposals for long-term deficit reduction, and insisted that Republicans were blocking compromise by refusing to let the Bush-era tax cuts for wealthy American expire as scheduled on Dec. 31. Obama and Democratic lawmakers want to extend the tax cuts on annual household income below $250,000 but not for income above that level. ‘‘Those rates are going to have to go up,’’ Geithner said. ‘‘That’s an essential part of a deal.’’
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