Political Quotes

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

On the recordFebruary 10, 2016
When we took office, the projections were the debt was going to grow to over 100 percent of GDP.
Said by
Jacob J. Lew

Editor's note · Context

Lew discusses initial debt projections when he took office.

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Feb 10, 2016

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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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I totally agree, and I was trying to indicate in my response earlier that the risk is being borne by taxpayers on an ongoing basis and the conservatorship is not over.

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