Jacob Lew
Jacob Lew
Jacob Joseph "Jack" Lewis an American government administrator and attorney who is the 76th and current United States Secretary of the Treasury, serving since February 28, 2013. He served as the 26th White House Chief of Staff from 2012 to 2013. Lew previously served as Director of the Office of Management and Budget in the Clinton and Obama Administrations, and is a member of the Democratic Party...
NationalityAmerican
ProfessionPublic Servant
Date of Birth29 August 1955
CountryUnited States of America
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Social Security is something that we need to deal with, because people who are working today, who will retire in the future, people who are retired today, they have a right - and it's part of the compact that they can depend on their benefits. We should fix the long-term funding problem of Social Security because that's the right thing to do.
We cannot win the future, expand the economy and spur job creation if we are saddled with increasingly growing deficits. That is why the president's budget is a comprehensive and responsible plan that will put us on a path toward fiscal sustainability in the next few years - a down payment toward tackling our challenges in the long term.
The transition from tyranny to democracy is very hard. The Syrian people have to handle this in a way that works in Syria. And the brutality of the Assad regime is unacceptable.
I've never seen a constructive Social Security debate that started with one side digging in, in one place and another side digging into another.
The budget is not just a collection of numbers, but an expression of our values and aspirations.
Businesses make decisions based on what they are seeing in their order books.
There are lots of ways to work together.
It's going to be true that anything that reduces the federal deficit will have somebody unhappy.
It is time for the general fund to pay the Social Security fund back.
There's a lot of trust being built up. I think we have a lot of work ahead of us.
In the budget, the president will call for a five-year freeze on discretionary spending other than for national security. This will reduce the deficit by more than $400 billion over the next decade and bring this category of spending to the lowest share of our economy since Dwight Eisenhower was president.
The reason to deal with Social Security is that it is a system where we have a tradition and history of making sure it is solidly funded for 75 years. At the moment, we look out and we see it is solidly funded until 2037.
We obviously would like to get unemployment as low as we possibly can.