Switch to Desktop Site
 
 

Congress 'playing with fire' on debt limit, warns Treasury Secretary Jack Lew (+video)

Next Previous

Page 2 of 3

About these ads

Want your top political issues explained? Get customized DC Decoder updates.

"The White House has spoken quite clearly to this," Lew said. "The president does not have the authority to take action in that kind of a way. The president consulted with his lawyers, and that's the conclusion that he's reached."

"You know, there is a desire here for there to be some kind of a magic solution," he continued, addressing the current government budget shutdown as well as the debt-limit crisis. "There is an easy solution ... A majority in Congress would do the right thing if given a chance to vote to open the government. A majority in Congress would do the right thing if given a chance to let us pay our bills. Congress needs to work, they need to do their job, but the majority needs to be given a chance."

“The majority” in this case would be all the Democrats and a couple dozen Republicans – those willing to vote for a “clean” continuing budget resolution unencumbered by any attempt to stymie the new health-care insurance law dubbed “Obamacare” – in a House of Representatives controlled by the GOP and its embattled speaker, John Boehner.

Next Previous

Page:   1   |   2   |   3

Share