Lew: We Can't Afford Everything, We Have To Make Choices

OMB Director Jack Lew says that tough choices must be made towards prioritizing what the country should or should not spend money on, which includes inequities in the tax code.  (0:44)

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Lew: World Must Recognize The U.S. Is Taking Its Fiscal Future Seriously

Jack Lew, Director for the Office of Management and Budget told reporters that we need to address our fiscal future. We need to do it for own credit worthiness, and to demonstrate that Washington can make decisions. (:31)  

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Health Insurance Premium Or Food?

Jack Lew, Director for the Office of Management and Budget, explained the differences between the proposed GOP health care vouchers and the current benefit package for senior citizens.  (:54) 

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OMB Prepares For Possible Government Shutdown

Jeffrey Zients, Deputy Director for Management and Chief Performance Officer at the Office for Management and Budget, talks to reporters at the White House about possible effects if the government shuts down. Zients said there will be reduced customer services in the overall system as well as suspended paychecks to military personnel. He also outlines what essential services will be available during such time. (2:16) 

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OMB Director Explains Cuts in Low Income Energy Assistance Program

Office and Management and Budget Director Jack Lew explains why the Administration has decided to make cuts in the Low Income Home Energy Assistance Program. He says it was a very hard cut, though it is necessary in trying to make difficult savings. (:59)

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OMB Director: Investing $148 Billion In Research And Development

Office of Management and Budget Director Jack Lew discusses budget investments in research and development, including industries and jobs of tomorrow, electric vehicles and clean energy. In part, this would be paid for by eliminated tax breaks to oil, gas and coal companies.  (:32) 

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OMB Director: “It Is A Responsible Plan”

Office of Management and Budget Director Jack Lew outlines the 2012 budget and calls it a responsible plan. It cuts spending and deficit, reaching a sustainable deficit by the middle of the decade where the government will no longer be adding to our debt. (:39)

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Affordable Health Act Better Than Alternatives, Says Orszag

Director of the Office of Management and Budget Peter Orszag says the Affordable Health Act is a better approach in reducing the costs of healthcare than any other alternative. (0:42)

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Spending Freeze Is A Plan Of Necessity, Says White House Official

Office of Management and Budget Deputy Director Rob Nabors says that the president's spending freeze is a plan of necessity and programs will be looked at individually. (0:30)
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White House Official Says Administration Can Create Jobs Before Spending Freeze

When asked if there is enough time to create jobs before the freeze begins in October, Deputy Director of the Office of Management and Budget, Rob Nabors says that the nine-month period of time will be enough for the administration to act. (0:35)
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