Jacob J. Lew: “I have made clear that it is an extraordinarily high priority, my highest priority to restore confidence in the IRS.”

This agreement demonstrates that we have the capacity to find common ground on difficult issues and lays a foundation for addressing some of our long-term challenges.

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

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.

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