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National Press Club: Lawrence H. Summers
Publisher: Federal News Service
Author: Lawrence H. Summers
Audio lenght: 50 min.
When Lawrence Summers followed Robert Rubin as Secretary of the Treasury in 1999, he was charged with managing growing surpluses, a booming economy, and accelerated payoff of the national debt. He has already taken an activist role in national and international political and financial affairs. In this address to the National Press Club, Secretary Summers outlines his position on the essential connection between fiscal discipline and continued prosperity, and argues for retirement of the debt as the primary objective of American fiscal policy.
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