The reason we call this a down payment is because we do agree that we need to get beyond stopping the building up of the debt.
Jacob J. Lew: “The reason we call this a down payment is because we do agree that we need to get beyond stopping the building up of the…”
Editor's note · Context
Lew explains the need to stop accumulating debt before achieving a surplus.
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I don't think Social Security and Medicare should be cut, you know, to take away from people what they need and what they have been promised.
I mean, it is really an outrage when I look at these numbers, and I would like to know what the administration would propose to address this incredibly serious issue and really broken promises for folks who have worked hard all of their…
We need to support the people at the IRS so that they can run a tax system that is worthy of our country.
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.