KGO ABC World News Now January 7, 2013
0 nominated to do. >> some democrats are speaking up for him. >> chuck hagel is a tremendous patriot and statesman. served incredibly in vietnam. served this country as the united states senator. >> reporter: president obama is about to lose his treasury secretary. tim geithner is the last original member of the president's economic team. he leaves as three major deadlines loom. by end of february, the treasury will lose the power to borrow more to pay america's bills. across the board spending cuts to every federal program kick in on march 1. the government will run out of all congressional f...