Political Quotes

Jacob J. Lew: “I think right now, when you look at what our debt is, our deficit, annual deficit, is essentially interest on the debt.”

On the recordFebruary 10, 2016
I think right now, when you look at what our debt is, our deficit, annual deficit, is essentially interest on the debt.
Said by
Jacob J. Lew

Editor's note · Context

Lew explains the current state of the deficit and debt servicing.

Share

More from Jacob J. Lew

Feb 10, 2016

It is critically important for the peace of the world and the United States that Iran not get nuclear weapons.

congress.gov
Mar 7, 2016

You find cases of tax avoidance, and we know when you find cases of tax avoidance, voluntary compliance goes up.

congress.gov
Feb 10, 2016

The American people deserve to have an IRS with the resources so that, when you pick up the phone and call the IRS, there is a person at the other end to answer it.

congress.gov
Mar 7, 2016

The fiscal year 2017 President's budget puts forward the building blocks of a social compact for the 21st century and creates the conditions for sustained economic growth.

congress.gov