On the recordMarch 4, 2013
Our budget says we need to do more spending reduction and we need more revenue for a balanced approach.
Said by
Jacob J. Lew
Source
congress.govOur budget says we need to do more spending reduction and we need more revenue for a balanced approach.
Lew defends the budget's approach to spending and revenue.
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The real goal is not to restructure the debt. The real goal is to get back to economic growth.
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I don't think defaulting on payments to veterans is any better than defaulting on payments to foreign bond holders.
The budget also makes critical investments in our domestic and national security priorities while adhering to the bipartisan budget agreement signed into law last fall.