Alayna Treene Jan 2
Ex-Treasury Sec. Lew says tax plan is 'ticking time bomb'
Jacob Lew, former Treasury Secretary under Barack Obama, told Bloomberg radio that the GOP tax cuts will substantially drive up the deficit and leave America "broke":
"It's a ticking time bomb in terms of the debt... What we've seen is a tax cut that spends money we don't have to have very concentrated benefits for global corporations and the top 1 percent, and it's leaving us broke."