Senator Sessions: Jack Lew "Must Never" Become Treasury Secretary
The top Republican on the Senate Budget Committee will oppose Jack Lew's nomination to be Treasury secretary. Sen. Jeff Sessions (R-Ala.) has prepared a statement saying "Jack Lew must never be Secretary of Treasury."... The senator says Lew misrepresented Obama's 2012 budget by claiming that it did not add to the debt. "His
testimony before the Senate Budget Committee less than two years ago
was so outrageous and false that it alone disqualifies," according to
the Sessions' statement, which was obtained by The Hill in advance. Sessions
says in his statement that Lew, as the president’s budget director told
Congress the budget "would not add to the debt of the United States." He cites a Lew statment on CNN that reads: "Our
budget will get us, over the next several years, to the point where we
can look the American people in the eye and say we're not adding to the
debt anymore; we're spending money that we have each year, and then we
can work on bringing down our national debt." Sessions's
statement says: "To ‘look the American people in the eye’ and make such a
statement remains the most direct and important false assertion during
my entire time in Washington."... Sessions' statement goes on to say: "It’s time for a Secretary of
Treasury to look the American people in the eye and lay out an economic
plan for America that will end our debt path that has endangered our
future and which will find support among the American people and the
world’s financial community. Far from being a positive force towards
this essential good, Mr. Lew has given priority to the political
interests of the President, in whose White House inner circle he has now
served for several years."
"At this time of unprecedented slow
growth, high unemployment, and huge deficits, we need a Secretary of
Treasury that the American people, the Congress, and the world will know
is up to the task of getting America on the path to prosperity not the
path to decline. Jack Lew is not that man," Sessions said.
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