"The only alternative that anyone could think of, that could be agreed to, was sequestration, precisely because it's so objectionable," Lew said. "It would be better for the country if we have an agreement on a framework to solve our fiscal problems and not go into sequestration."
Treasury Secretary nominee sails through hearing
Confirmation hearing could get testy
Copyright 2013 by CNN NewSource. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.