Political Quotes

Jacob J. Lew: Sequestration imposed arbitrary spending cuts that are bad for our economy and for our security.

On the recordMarch 2, 2015
Sequestration imposed arbitrary spending cuts that are bad for our economy and for our security.
Said by
Jacob J. Lew

Editor's note · Context

Jacob Lew criticizes sequestration's negative impact on the economy and security.

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

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If the intellectual content and the innovation is in the United States, there is a substantial tax due in the United States when that money comes home.

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I think the fee makes sense for two reasons: first, it does reflect the costs associated with fossil fuel use.

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

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