Political Quotes

Jacob J. Lew: The immediate need is for Congress to pass legislation that will permit them to restructure their debt.

On the recordFebruary 10, 2016
The immediate need is for Congress to pass legislation that will permit them to restructure their debt.
Said by
Jacob J. Lew

Editor's note · Context

Emphasizing the urgency for Congress to act on Puerto Rico's debt.

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Apr 21, 2015

I believe that the letter states correctly that, having over the last week raised this issue with 10 of the 11 negotiating partners, the reason they are willing to have a conversation on currency, in part, is because of the firm knowledge…

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Feb 10, 2016

When we took office, the projections were the debt was going to grow to over 100 percent of GDP.

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Apr 21, 2015

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

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Feb 9, 2016

I believe it is a crisis. I believe there is a need for action immediately on restructuring authority and on oversight.

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