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Jack Lew

A collection of news and information related to Jack Lew published by this site and its partners.

Top Jack Lew Articles

Displaying items 23-33
  • Social Security adds to the deficit; stop saying I said otherwise

    In two recent online columns, The Times' Michael Hiltzik claimed that I, in testimony before the U.S. Senate Finance Committee on May 10, 2011, supported his argument that Social Security "can't contribute to the federal deficit."  That assertion is...
  • Lew calls for 'economic patriotism,' seeks to limit offshore tax moves

    Lew calls for 'economic patriotism,' seeks to limit offshore tax moves
    Calling for "a new sense of economic patriotism," a top Obama administration official urged Congress to take immediate action to stop U.S. companies from reorganizing as foreign firms to avoid paying taxes. The maneuver, known as tax inversion, serves...
  • AbbVie to Buy Shire for $54.8 billion in biggest inversion

    AbbVie to Buy Shire for $54.8 billion in biggest inversion
    AbbVie Inc. is buying Shire for nearly $55 billion, the largest deal in a year filled with merger and acquisition activity, and the latest example of companies taking foreign addresses to cut taxes. The deal will allow North Chicago-based pharmaceutical...
  • U.S. and Russia trade sanctions over Crimea

    WASHINGTON — The U.S. and Russian presidents imposed sanctions on each other's top aides and other government officials Thursday as the dispute over Crimea intensified and the White House worried publicly that Moscow might be positioning its...
  • Treasury Secretary Lew to have outpatient prostate-related surgery

    Treasury Secretary Lew to have outpatient prostate-related surgery
    WASHINGTON -- Treasury Secretary Jacob J. Lew will undergo outpatient surgery to treat a benign enlarged prostate and will be sidelined for about a week, a department spokeswoman said Sunday. Lew, 58, will have the procedure Tuesday in New York and...
  • Treasury Secretary Jacob Lew heads home after prostate surgery

    Treasury Secretary Jacob Lew heads home after prostate surgery
    WASHINGTON -- Treasury Secretary Jacob J. Lew had successful outpatient surgery on Tuesday but remained at a New York area hospital overnight because of a low-grade fever, a Treasury Department spokeswoman said. Lew, 58, underwent the procedure to treat...
  • IMF urges Congress to back reforms giving fund more clout

    IMF urges Congress to back reforms giving fund more clout
    WASHINGTON — The U.S. made clear this week that it wants the International Monetary Fund to be the emergency lender for countries like Ukraine, but American lawmakers have persistently refused to give the IMF the additional financial firepower...
  • Warren Buffett says not raising debt limit would be 'damn dumb'

    Warren Buffett says not raising debt limit would be 'damn dumb'
    WASHINGTON -- Billionaire investor Warren Buffett said a failure to raise the nation's $16.7 trillion debt limit would be "pretty damn dumb" as Democrats and Republicans square off in a showdown that could lead to the first-ever federal government...
  • Government shutdown doesn't buy much more time on debt limit

    Government shutdown doesn't buy much more time on debt limit
    WASHINGTON -- The partial government shutdown reduces the federal government's expenses but not enough to significantly push back the mid-October date by which the debt limit needs to be raised, according to Treasury Department officials and a think-...
  • Debt-limit uncertainty already stressing financial markets, Lew warns

    Debt-limit uncertainty already stressing financial markets, Lew warns
    Appearing before lawmakers a week before the deadline to raise the debt limit, Treasury Secretary Jacob J. Lew on Thursday warned that the uncertainty caused by the fiscal stalemate was stressing financial markets and could "deeply damage" the economic...
  • Majority of Americans want debt limit raised, poll finds

    WASHINGTON -- A majority of Americans want Congress to raise the nation's $16.7-trillion debt limit and would blame Republicans if it isn't, according to a poll released Wednesday. About 56% of respondents said it would be bad for the country if the...