Treasury Secretary Jack Lew refused to answer Fox host Chris Wallace's simple question this morning: How many people have signed up for Obamacare?
"I'm going to ask you one last time," said Wallace, "because, forgive me sir, you haven't answered it: do you not know how many people signed up, which would seem to indicate another major software glitch, or is it that the numbers are embarrassingly small?"
"Chris, our metric for this week was, could people get online, get the information they need to make an informed," said Lew, sidestepping the straightforward question. "They have been getting that information. We are confident that they are going to make the decision -- they have 6 months to make the decision."
Wallace tried again: "So do you not know or is that the number is --"
"Well, it's obviously not my primary area of responsibility," said the treasury secretary.
At a pre-Independence Day naturalization ceremony at the Treasury Department Wednesday, Treasury Secretary Jack Lew used about one-third of his address to a roomful of newly sworn-in citizens to criticize the America’s immigration system and plug the current immigration legislation. According to prepared remarks, he told these newest Americans that "too many immigrants do not get a fair shot at the American dream.
The Internal Revenue Service has come under heavy criticism from both Republicans and Democrats in recent days after an inspector general's report detailed "inappropriate criteria" used to identify certain applications of mainly conservative organizations for special review resulting in long delays in processing and invasive inquiries.
The Treasury Department "fully licensed" Beyonce and Jay Z's trip to Cuba, according to Reuters.
"American pop star Beyonce and rapper husband Jay Z visited Havana last week on a cultural trip that was fully licensed by the United States Treasury Department, according to a source familiar with the trip," Reuters reports.
Jack Lew, who has been nominated as the next treasury secretary, oversaw up as many as a hundred Cayman Island investments when he worked at Citi Bank as chief operating officer of the alternative investment services unit, SEC disclosures reveal. It has previously been reported that Lew himself had been invested in a fund that was based in the Cayman Islands.
In the 2008 presidential campaign, Barack Obama called Cayman Island investments "the biggest tax scam on record." Now, in 2013, President Obama has nominated Jack Lew, who had $56,000 in Cayman Island investments, to be the next secretary of Treasury.
By choosing White House chief of staff Jacob Lew as his new treasury secretary, President Obama is bracing himself to battle congressional Republicans in 2013, not seeking bipartisan compromises with them. If confirmed, Lew would succeed Tim Geithner in the treasury job.
The Treasury Department is telling its staff not to worry about the "fiscal cliff," an internal memorandum sent to all employees reveals. The memo, which is signed by the deputy secretary of the treasury, Neal S. Wolin, states that "there is no reason why both sides should not be able to come together" to reach a deal.
Senator Jeff Sessions, the ranking member on the Senate Budget Committee, is releasing a statement this evening that claims President Barack Obama's "secret" plan "increases spending by more than $1 trillion above the current baseline."
"In other words," Sessions adds, "spending will increase $1 trillion above the already projected growth after enactment of the Budget Control Act as part of the last debt deal. It achieves not one dollar in net spending reduction or debt reduction, and it continues the country on a dangerously unsustainable debt path."
Always looking "forward," President Obama has asked Bill Clinton—who was elected to the presidency 20 years ago—to speak tonight and suggest to the American people (whether explicitly or implicitly) that this is really a choice between Clinton and George W. Bush, rather than between Obama and Mitt Romney. If you're Obama, this beats running on your record.