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Monitor Breakfast: OMB Director Jacob Lew
More from this series:
The Monitor Breakfast
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The Christian Science Monitor
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Obama Budget Chief Lew: Social Security Won't Collapse
02 min 01 secSpeaking at a Monitor Breakfast about the federal budget, Office of Management and Budget Director Jacob Lew said that social security does not contribute to the deficit in the medium term and is in no imminent danger of collapsing. "There is no need to deal with social security and dealing with it would have, at best, negligible impact," said Lew.
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OMB's Lew: Senate Bipartisan Talks 'Positive' and Needed
02 min 06 secSpeaking at a Monitor Breakfast about the federal budget, Office of Management and Budget Director Jacob Lew addressed the bipartisan talks in the Senate on the federal budget, calling them "important" and "positive." The legislation, as reported by The Wall Street Journal, would trigger automatic tax hikes and spending cuts if Congress failed to live within mandatory spending targets.
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OMB's Lew: Must Avoid U.S. Government Shutdown on March 4
02 min 34 secSpeaking at a Monitor Breakfast, Office of Management and Budget Director Jacob Lew said it's encouraging that both Republican and Democratic leaders have "made it clear" that a government shutdown would "not [be] a good thing." Lew, who was on the negotiating team that helped reach a bi-partisan agreement to balance the budget under Clinton, said "that's very different from where we were in the 1990s."
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52 min 49 sec
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