June 25, 2017

Lew Nomination to Treasury Highlights Obama's Shift From Finance to Debt

January 9, 2013
The Hill


“The funny thing is that Lew came in as somebody who could strike deals,” said deficit hawk Bob Bixby of the Concord Coalition. “He had brokered deals with Reagan and O’Neill and Clinton and Gingrich.

“Now Republicans are saying they can’t work with him. That wasn’t his reputation until recently. I don’t know if something has changed about Jack Lew or something changed about the Republican Party,” Bixby said.

Lew’s nomination is a signal to Republicans that Obama, who has picked fights with the GOP in recent weeks, remains emboldened both from his election win and the fiscal-cliff deal, which revealed a divided Republican Party.

Boehner has vowed to never again sit down for one-on-one haggling with the president, and Obama has vowed not to negotiate over raising the debt limit, leaving the prospects of a third crack at a major deficit deal looking grim.

Bixby said “everyone is ticked off” after the fiscal-cliff deal and Lew’s nomination is “not going to add to the warm and fuzzy feeling around” the Capitol