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. – Jacob Lew
There is a very serious fiscal-policy question of, ‘Are we running our overall fiscal policy such that we as a government can pay our bills?’ – Jacob Lew
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. – Jacob Lew
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. – Jacob Lew
I think the thing that the American people want is for the divisive debate on health care to stop. – Jacob Lew
Taxpayers can go online and find out more about the way their government works than ever before. – Jacob Lew
The budget is not just a collection of numbers, but an expression of our values and aspirations. – Jacob Lew
I think it’s very important not to confuse the importance of dealing with Social Security in the long term with these short-term deficit reduction challenges. They’re different issues. – Jacob Lew
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. – Jacob Lew
It’s going to be true that anything that reduces the federal deficit will have somebody unhappy. – Jacob Lew
If you look at the cost of providing health insurance, it actually doesn’t cost more to provide a plan with contraceptive coverage than it does without. – Jacob Lew
I think that for the next short period of time, our No. 1 priority is Congress needs to do its work and extend the payroll tax cut. – Jacob Lew
If you have a student who graduates from college and they don’t have a job, they are now able to stay on their family health plan. – Jacob Lew
Every president since George Washington has taken executive privilege seriously. Every Republican president has. – Jacob Lew
Historically, the responsibility for voting on the debt limit has gone to the party in the majority. – Jacob Lew
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. – Jacob Lew