In the budget, the president will call for a five-year freeze on discretionary spending other than for national security. This will reduce the deficit by more than $400 billion over the next decade and bring this category of spending to the lowest share of our economy since Dwight Eisenhower was president.
Jack Lew0
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Jack Lew:
There's a lot of trust being built up. I think we have a lot of work ahead of us.Jack Lew:
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If you don't define the problem you'll never reach a painful solution.