Jacob J. Lew: “The American people deserve to have an IRS with the resources so that, when you pick up the phone and call the IRS…”

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

This agreement demonstrates that we have the capacity to find common ground on difficult issues and lays a foundation for addressing some of our long-term challenges.

The real goal is not to restructure the debt. The real goal is to get back to economic growth.

The decision has never been made by the only people who can make the decision--that is the President of the United States on the advice of the Treasury Secretary--what to do.