Lew says stubborn Congress risks repeating U.S. fiscal wounds

Reuters ^ | July 28, 2013

[Oldeconomybuyer]

U.S. Treasury Secretary Jack Lew on Sunday warned Congress against manufacturing a crisis over federal spending in the months ahead, as looming deadlines set the stage for a repeat of the political deadlock which two years ago triggered worldwide financial market turmoil.

"We have already done a lot of deficit reduction," he said in an interview on NBC.

"We need to get the debt limit extended in a way that doesn't create a crisis," Lew said.

[Oldeconomybuyer]

Deficit reduction? Obama?

[SunkenCiv]

Thanks Oldeconomybuyer.

"We have already done a lot of deficit reduction," he said in an interview on NBC.

Y'know, deficit reduction was part of Obamacare from the git go. Meme-building / Partisan Media Shills ping.

[American in Israel]

"We need to get the debt limit extended in a way that doesn't create a crisis," Lew said.

Its called a budget, get one...

[molson209]

Kill the Czar budget , how is wasted on Czars anyway

[Carriage Hill]

Coming from the moron who writes with his left foot, I take it with no credibility.

[SERKIT]

So....the House routinely, and on time, drafts its version of the budget. The President, late, presents his version of the budget. The Senate, which has never drafted a budget votes down the President’s version of the budget. So WHO, pray tell, is stalling the efforts, sir?

[matginzac]

This interview with Wallace was pathetic...
Wallace let this a** get away with umpteen many lies.
I’m disgusted...