Jacob J. Lew: “I think it is important to have as many workable tools as we can to try to get our hands around reducing spending.”

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

Well, for me, it comes down to two things: promoting American trade and restoring American leadership.

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.

And, most important, TPA makes very clear Congress has the final say.