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Raising the debt limit on some levels is a ministerial act. It doesn't involve any new spending.
~Jacob Lew


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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


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I think the thing that the American people want is for the divisive debate on health care to stop.
~Jacob Lew


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The budget is not just a collection of numbers, but an expression of our values and aspirations.
~Jacob Lew


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Every president since George Washington has taken executive privilege seriously. Every Republican president has.
~Jacob Lew


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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.
~Jacob Lew


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Businesses make decisions based on what they are seeing in their order books.
~Jacob Lew


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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


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Historically, the responsibility for voting on the debt limit has gone to the party in the majority.
~Jacob Lew


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Europe is trying to get its fiscal house in order.
~Jacob Lew


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There are lots of ways to work together.
~Jacob Lew


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It's going to be true that anything that reduces the federal deficit will have somebody unhappy.
~Jacob Lew


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I think there is a shared sense of urgency in Washington on fiscal issues.
~Jacob Lew


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I can't speak to the differences within the Catholic Church.
~Jacob Lew


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We have to reduce the burden placed on our economy by years of deficits and debt.
~Jacob Lew


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It is time for the general fund to pay the Social Security fund back.
~Jacob Lew


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There's a lot of trust being built up. I think we have a lot of work ahead of us.
~Jacob Lew


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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


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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


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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


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If you don't define the problem you'll never reach a painful solution.
~Jacob Lew


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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


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Taxpayers can go online and find out more about the way their government works than ever before.
~Jacob Lew


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We obviously would like to get unemployment as low as we possibly can.
~Jacob Lew


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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.
~Jacob Lew


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Most Americans want health insurance.
~Jacob Lew


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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


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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


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Congress should get the job done.
~Jacob Lew


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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


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Jacob Lew quotes

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