Jacob J. Lew: “The earned income tax credit is one of the most effective programs we have had, both to reduce poverty and to get…”

Over the past 7 years under the President's leadership, we have seen a sustained economic recovery and an unprecedented decline in the Federal budget deficit.

The American people deserve to have an IRS with the resources so that, when you pick up the phone and call the IRS, there is a person at the other end to answer it.

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.