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Lew pick is Obama's in-your-face to Congress

Posted By -NO AUTHOR- On 01/11/2013 @ 12:15 am In Money,Politics | No Comments

(CNBC) President Barack Obama is sending a pointed message to Republicans by nominating Jack Lew as Treasury Secretary: I’m not backing down from this budget fight.

This is certainly a blow to any hope that Republicans might have had that Obama would flinch from his pledge not to negotiate over the debt ceiling. The president has said he will demand a clean bill raising the debt ceiling, unattached to any conditions or spending cuts.


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