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Treasury secretary: ‘We are overachieving on deficit reduction’

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Treasury Secretary Jack Lew told Congress that President Obama’s administration is “overachieving on deficit reduction,” as he defended the president for submitting a budget that never balances. “If anything, we are overachieving on deficit reduction right now, given where we are in terms of the current year and immediate economic needs,” Lew told Rep. Marlin Stutzman, R-Ind., while...