Jacob J. Lew: “To get to balance will require a set of decisions that are beyond what anyone is discussing right now.”

The immediate need is for Congress to pass legislation that will permit them to restructure their debt.

We have to invest in the short and medium term to get the kind of economy that gives people a chance.

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

I think the fee makes sense for two reasons: first, it does reflect the costs associated with fossil fuel use.