TOPWRAP 1-Geithner says US will cut deficits, but GM bill grows

Newswire

* U.S. will curb deficits, backs bigger China role: Geithner * GM will file for bankruptcy on Monday - Obama official * U.S. taxpayers will get 60 pct of GM for $50 bln * Stocks extend gains on recovery hopes, data still patchy (For more on the global crisis, click [nCRISIS]) By Glenn Somerville and Nick Carey BEIJING/DETROIT, June 1 (Reuters) - U.S. Treasury Secretary Timothy Geithner pledged the Obama administration was committed to cutting its huge deficits as quickly as it can, ...

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