Jacob J. Lew: “We think Pell grants are an enormously important program.”

We inherited what was an economy and a budget that was in complete meltdown.

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.

And, most important, TPA makes very clear Congress has the final say.

I have been trying to deal with it as a crisis that we need to deal with on a bipartisan basis.