On the recordFebruary 10, 2016
The real goal is not to restructure the debt. The real goal is to get back to economic growth.
Said by
Jacob J. Lew
Source
congress.govThe real goal is not to restructure the debt. The real goal is to get back to economic growth.
Lew emphasizes the importance of economic growth over merely restructuring debt.
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I have been trying to deal with it as a crisis that we need to deal with on a bipartisan basis.
We are seeing thousands of people leave Puerto Rico for the mainland, and they are American citizens.
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 immediate need is for Congress to pass legislation that will permit them to restructure their debt.