Political Quotes

Jacob J. Lew: The reason we call this a down payment is because we do agree that we need to get beyond stopping the building up of the…

On the recordFebruary 14, 2011
The reason we call this a down payment is because we do agree that we need to get beyond stopping the building up of the debt.
Said by
Jacob J. Lew

Editor's note · Context

Lew explains the need to stop accumulating debt before achieving a surplus.

Share

More from Jacob J. Lew

Feb 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.

congress.gov
Feb 9, 2016

I do not think that there is anything more important that we could have done to deal with poverty in this country.

congress.gov
Apr 21, 2015

I believe that the letter states correctly that, having over the last week raised this issue with 10 of the 11 negotiating partners, the reason they are willing to have a conversation on currency, in part, is because of the firm knowledge…

congress.gov
Mar 7, 2016

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.

congress.gov