On the recordFebruary 10, 2016
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.
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Jacob J. Lew
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congress.govI 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.
Jacob J. Lew defends Social Security and Medicare against proposed cuts.
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More from Jacob J. Lew
You find cases of tax avoidance, and we know when you find cases of tax avoidance, voluntary compliance goes up.
The immediate need is for Congress to pass legislation that will permit them to restructure their debt.
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.
The real goal is not to restructure the debt. The real goal is to get back to economic growth.