Erika Johnsen
HotAir
1/10/2013
President Obama officially nominated Jack Lew to replace Tim Geithner at the Treasury Department on Thursday afternoon, asserting his faith in Lew’s abilities to aid the rebuilding of the economy…
…Republican from Alabama and Ranking Member of the Senate Budget Committee, Sen. Jeff Sessions, does not agree.
Jack Lew must never be Secretary of the Treasury. His testimony before the Senate Budget Committee less than two years ago was so outrageous and false that it alone disqualifies.
On the most important question of our time, the unsustainability of our national debt course, Lew, as the President’s budget director, appeared before Congress and continued to insist that President Obama’s budget—which Lew had crafted—would not add to the debt of the United States. His original statement, to a national television audience, was as follows:
‘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.’
Nothing could be further from the truth. I have called it the greatest financial misrepresentation in history…
…Several Republicans said Tuesday they don’t view Lew as a man interested in hearing GOP concerns. One aide called him “tone deaf” in understanding the compromises that Republicans could accept during high-stakes talks…
The complete article, with video, is at HotAir.com
Related: Kudlow on Lew as Treasury secretary: ‘Give me a phone book and I’ll find somebody more qualified’
On Laura Ingraham’s radio on Thursday, CNBC anchor Larry Kudlow explained why President Barack Obama’s nomination of Jack Lew as the Timothy Geithner’s replacement to head the Treasury Department was a “nutty appointment.”
The White House has not decided whether it will submit a budget before Feb. 4 as legally required, and Kudlow pointed to Lew as part of the problem. Kudlow cited Lew’s lack of qualifications as another reason that Obama’s appointment was “completely irresponsible.”…
It’s an excellent bit of audio, available at the link.
