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Sessions: Lew Must Never Be Treasury Secretary
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Sen. Jeff Sessions, (R-Ala.), on why he doesn’t approve of the nomination of Jack Lew as Treasury Secretary.
- Duration 4:04
- Date Jan 10, 2013
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Sen. Jeff Sessions, (R-Ala.), on why he doesn’t approve of the nomination of Jack Lew as Treasury Secretary.
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Other really big story of the day president Obama's new pick for Treasury Secretary and that is of course Jack will.
If confirmed.
-- could take over just as the administration is up to its neck.
In battles over several fiscal deadlines including of course whether or not to raise the debt ceiling.
But -- critics are howling and joining me now on the phone as Alabama senator Jeff Sessions he -- the top Republican on the Senate Budget Committee and says that Lil.
Must never be confirmed.
Thanks speak you invest today senator let's get right to what is your main objection here.
-- -- had been -- point man for the president.
In misrepresenting.
The fundamentals of our.
Debt situation.
For example in early 2011.
But he was budget director of -- game before our committee went on television.
And and stated that -- budget will get out over the next several years.
For the part where we can look the American people -- and say we're not adding to the -- anymore we're spending money we have only money we have each year.
And then we can work on bringing down our national debt.
He stated budget would do that when it in actuality added thirteen million dollars for the debt of the ten years.
And the lowest single -- that in one year -- in that period was 600 billion dollars in the spiked now that -- Lower than.
The truth is going to -- yet and I guess what our idea died down on him -- laying been aggressively -- the Budget Committee.
He continued to insist on that -- -- but.
That we have.
Each year.
And when he was -- that -- after that they he came back and he tried to justified a couple different ways saying you know that they work you know not counting the interest that you had to -- on the -- came back with a couple different -- -- But it was hard to really come up with a mathematical answer that supported.
That statement being true.
-- -- it I got you so much that he would -- face aren't -- yes.
Yeah out well they look this was a statement at the American people could only interpret wonder why.
That the credit budget letter and spirit balanced budget and would pay down the debt.
That's exactly what they wanted the American people to hear and when I asked him about it committee he had no answer really any.
Balance -- there when I asked secretary Geithner.
And the secretary of treasury about it he acknowledged the president's budget still leftists on an unsustainable debt -- But -- he was standing.
Without facing.
To try to make this budget.
Sound good politically.
And we need somebody is secretary of treasury to -- the economic official in America.
And the president doesn't understand economics he's never been involved in business in.
And and we need somebody of real strength in that position he's not.
A political crony out of the White House.
How vulnerable are we young blonde and analytic -- do you think you have the support how hard will you fight.
I'm going to do everything I can't -- raise this question.
-- out whether or not.
In in guy I in the -- we will have somebody.
They really do deals seriously with the break prices are part time which is our debt.
It all other issues this country's -- is.
Are dwarfed about that that threat of what our debt crisis -- in America.
And we really need a serious work -- -- that they made a political decision in 2011.
To draw on not confront -- issues to not deal with entitled to run.
In pretend there's no danger out the -- He.
Even more so than guy.
Okay senator recession lagging interrupt you but.
We got around I think.