Jacob J. Lew: “When one leaves Washington, you do not have to talk to very many people to learn that the American people want tax…”

We can't just cut the things that we need to grow in order to reduce the deficit more in the short run.

The budget also makes critical investments in our domestic and national security priorities while adhering to the bipartisan budget agreement signed into law last fall.

The earned income tax credit is one of the most effective programs we have had, both to reduce poverty and to get people.

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.