- Atheists’ Easter taunt to Christians: ‘Jesus is a myth’
- Miley Cyrus hospitalized, cancels Kansas City show
- Josh Romney swipes Harry Reid with photo tweet of dad paying taxes — ‘your paycheck’
- Despite Obamacare problems, some Dems want Sebelius to run for Senate: report
- Angry New Yorkers shred gun registrations in deadline day protests
- Uninsured rate dropping faster in places that embraced pillars of Obamacare, survey shows
- Hawaii, D.C. give residents two more weeks to sign up under Obamacare
- Climate change causing fish to lose their minds, researchers say
- Great Britain tops World’s Most Sexist Nation list
- Aaron Hernandez investigated for threatening to kill prison guard
Solis joins exodus of diversity in Cabinet
Nomination of Lew for Treasury draws fire
A longtime Washington insider known for remaining level-headed in moments of crisis, Mr. Lew is generally respected on both sides of the aisle on Capitol Hill, so his confirmation wasn’t expected to be particularly bruising.
But Wednesday, Sen. Jeff Sessions of Alabama, the top Republican on the Senate Budget Committee, said he will lead a charge to try to block Mr. Lew’s prospective nomination to become Treasury secretary.
Mr. Obama is expected to announce Thursday his decision to tap Mr. Lew to take over for outgoing Treasury Secretary Timothy F. Geithner.
Mr. Sessions told The Washington Times that Mr. Lew blatantly misled Congress about administration plans to reduce the national debt and “must never be secretary of Treasury.”
Two years ago, while serving as Mr. Obama’s budget director, Mr. Lew told Congress that the president’s budget, which he had crafted, would not add to the national debt.
Mr. Sessions called the claim so “outrageous and false” that it alone should disqualify Mr. Lew from the key Cabinet post.
The Senate Finance Committee will hold the hearings, so Mr. Sessions will not have a chance to question Mr. Lew directly. Instead, according to Senate Republican aides, he plans to voice his concerns about the nomination if and when it hits the floor.
The timing of the Treasury nomination is critical because Mr. Lew is expected to play a central role in several budget debates.
Congress needs to raise the debt ceiling by late February or early March or face defaulting on its debts. But brinkmanship over the last debt-ceiling debate in 2011 led to a downgrade in the U.S. credit rating, and the major credit ratings agencies have warned that another downgrade is possible this spring.
Undaunted, Republicans are gearing up for a major battle over the increasing the nation’s borrowing limit as a way to extract concessions from Democrats on spending cuts.
Congress and the Obama administration face another deadline for budget cuts. The fiscal cliff deal only served to delay by two months an automatic “sequestration” agreed to in an earlier deficit-and-debt deal, which would result in across-the-board spending cuts to defense and domestic programs.
© Copyright 2014 The Washington Times, LLC. Click here for reprint permission.
About the Author
Susan Crabtree is an award-winning investigative reporter with more than 15 years of reporting experience in Washington, D.C. Her reporting about bribery, corruption and conflict-of-interest issues on Capitol Hill has led to several FBI and ethics investigations, as well as consequences for members within their caucuses and at the ballot box. Susan can be reached at firstname.lastname@example.org.
- GOP senators want IG probe of Sebelius' 'Obamacare' fundraising
- Teaming up with Christie, Obama says Jersey shore 'back in business'
- No Moore: Obama flubs name of Oklahoma city devastated by tornado, calls it 'Monroe'
- Obama to Okla. tornado victims: 'We have got your back'
- Amid his own challenges, Obama calls on Navy grads to hold themselves accountable
Latest Blog Entries
TWT Video Picks
By returning to Christian roots, the nation can achieve greatness once again
- Fuel-filled wings, ability to swarm: Pentagon offers glimpse at future of drone fleet
- Secret U.S. assessments show Afghanistan not ready to govern on own
- CARSON: Recovering Tocqueville's vision of American exceptionalism
- 'Culture of intimidation' seen in Nevada ranch standoff
- GOP writes legislation to deny Attorney General Eric Holder his salary
- WEBER: Obamacare cuts home healthcare for millions of seniors
- PHILLIPS: What did Harry Reid know and when did he know it?
- HURT: Wilson and Obama ... 100 years apart, but so alike
- U.S. Navy to turn seawater into jet fuel
- HHS nominee Sylvia Burwell entangled in MetLife lawsuit
Celebrity deaths in 2014
Top 10 handguns in the U.S.
Chaos as Manhattan building explodes