Tags: lew | treasury | secretary | sessions

Report: Sessions to Oppose Lew for Treasury Secretary

By Todd Beamon   |   Thursday, 10 Jan 2013 03:18 AM

Alabama GOP Sen. Jeff Sessions said Wednesday he would oppose President Barack Obama's nomination of Jack Lew for Treasury secretary.
"Jack Lew must never be Secretary of Treasury," Lew, the top Republican on the Senate Budget Committee, said in a statement published by The Hill.
While Sessions did not say whether he would filibuster the nomination, an aide told the Hill that the senator expected the nomination to fail in the Senate.

Editor's Note : Video Exposes Dangers of Obamacare Law

Obama is expected to announce Lew’s nomination on Thursday. Currently, he is White House chief of staff and has served as budget director under both Obama and former President Bill Clinton.
Sessions said in the statement that 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," the statement said, according to the Hill.
Lew appeared before Congress and insisted that the Obama budget that he had created would not add to the nation’s debt. He told a national television audience:
"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 said in his statement: "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."

Editor's Note : Video Exposes Dangers of Obamacare Law

The statement continued: "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," the Hill reports.
"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," the Sessions statement said.

© 2015 Newsmax. All rights reserved.

1Like our page

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

America's News Page
©  Newsmax Media, Inc.
All Rights Reserved