Lawrence Summers Quotes
We discussed developments in our exchange and financial markets... In this context, we emphasized our view that exchange rates among major currencies should reflect economic fundamentals. We will continue to monitor developments in exchange markets and cooperate as appropriate. 
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Discussed | Developments | Exchange | Financial | Markets |
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Raising personal savings is an imperative for American families and an imperative for the national economy.
- Lawrence Summers
The ongoing task of debt management for the federal government will clearly be very different in the years ahead than it has been in the past, when debt was rapidly increasing... With $3.6 trillion in debt outstanding, even a 3 basis point (0.03 percentage point) reduction in federal borrowing costs will ultimately produce savings of more than $1 billion per year.
- Lawrence Summers
If we can do those things, we have a chance to keep this expansion going. But this is not the time to take what (Federal Reserve) Chairman (Alan) Greenspan, what six Nobel prize-winning economists have said would be a very risky course with a massive tax cut. We're not going to let it happen, ... Face The Nation.
- Lawrence Summers