Political Quotes

Jacob J. Lew: “The immediate need is for Congress to pass legislation that will permit them to restructure their debt.”

On the recordFebruary 10, 2016
The immediate need is for Congress to pass legislation that will permit them to restructure their debt.
Said by
Jacob J. Lew

Editor's note · Context

Emphasizing the urgency for Congress to act on Puerto Rico's debt.

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More from Jacob J. Lew

Mar 7, 2016

If we do not have the resources to hire the enforcement officers that we need, the tax gap will only grow.

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Mar 7, 2016

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.

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Feb 10, 2016

The real goal is not to restructure the debt. The real goal is to get back to economic growth.

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Mar 21, 2016

I don't think defaulting on payments to veterans is any better than defaulting on payments to foreign bond holders.

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