lew shutdown damaged the nation\s economy
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

Lew: Shutdown damaged the nation\'s economy

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice Lew: Shutdown damaged the nation\'s economy

Washington - UPI

U.S. Treasury Secretary Jack Lew said Sunday the government shutdown did damage to the nation\'s economy. \"Look, unfortunately, we learned in 2011 [during the last budget impasse] that when you get even close to the edge, it does do some damage,\" Lew told NBC News\' \"Meet the Press.\" \"But we have a resilient economy. I\'m confident that our economy can recover. The American people have been working hard to come back from the worst recession since the Great Depression. We need to make sure that government does not go through another round of brinksmanship. This can never happen again.\" Lew said, \"There are going to be people looking through the details of the economic data for weeks and months to come, both in government and out of government. We did see our borrowing costs go up in the short term. ... Our job in Washington is to move things in the right direction. This one was a little bit scary because it got so close to the edge\" of refusing to raise the U.S. debt limit. U.S. Sen. Chuck Schumer, D-N.Y., said he\'s confident there will not be another shutdown when the government runs out of money again Jan. 15. \"The Republican parties in the House and Senate are not a majority Tea Party,\" Schumer told \"Meet the Press.\" \"They are mainstream conservatives, very conservative, but mainstream. They\'ve seen their numbers drop dramatically because they followed the Tea Party. And they, I think, may decide not to go forward in this direction.\" But U.S. Tom Coburn, R-Okla., told the program, \"The real problems are that we\'re continuing to spend money that we don\'t have on things that we don\'t need. There\'s tremendous amounts of waste and fraud. We have to protect the promises made to American people. And we can do that, but we can do that spending a whole lot less money than we\'re doing today.\' As for the Affordable Care Act, which Republicans tried to defund or repeal, \"I think focusing on Obamacare takes you away from the larger picture. ... We have $128 trillion worth of unfunded liabilities, and the total net worth of our country is $94 trillion. And we have another $17 trillion worth of debt.\"

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

lew shutdown damaged the nation\s economy lew shutdown damaged the nation\s economy

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

lew shutdown damaged the nation\s economy lew shutdown damaged the nation\s economy

 



GMT 10:18 2016 Wednesday ,23 March

cartoon seven

GMT 09:58 2016 Wednesday ,23 March

cartoon four

GMT 10:16 2016 Wednesday ,23 March

cartoon five

GMT 10:18 2018 Thursday ,30 August

Iran incapable of closing Hormuz, Bab Al Mandeb

GMT 19:57 2018 Tuesday ,23 January

Farm-fresh from Kerala to the UAE, in just one day

GMT 06:43 2018 Friday ,05 January

Cate Blanchett to head Cannes festival jury

GMT 07:45 2017 Saturday ,02 September

Hajj sermon called Muslim world for more unification

GMT 09:05 2017 Wednesday ,03 May

Premier’s message on World Press

GMT 20:36 2017 Thursday ,19 January

Saad Lamjarred Hopes to Be Out of Prison Soon

GMT 06:27 2017 Tuesday ,15 August

Taylor Swift wins groping lawsuit

GMT 07:04 2017 Monday ,27 November

Meredith Corp to buy Time Inc. for $2.8 billion

GMT 08:34 2017 Thursday ,16 November

Mazen hails of commemoration

GMT 07:50 2017 Thursday ,03 August

Afghan women launches "Where is my name?"

GMT 03:20 2017 Wednesday ,18 January

Emma Stone reveals secret to work-life balance

GMT 09:54 2018 Wednesday ,24 January

'Friendly and kind' N. Korean skaters
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice