“I am worried that we will become a stratified economy, like many in Latin America where the prosperous and the advantaged stay prosperous, and the poor and disadvantaged stay poor,”
“Harvard's endowment is critical to the university's academic and financial aid programs and to its capacity for growth, ... the endowment will continue to be overseen and invested with the highest level of professionalism and expertise.”
“The IRS faces a multitude of restrictions -- restrictions that would be unacceptable in the private sector -- that hamper its ability to provide efficient service,”
“Today, the IRS operates in a low-trust, short-tether budgeting environment, ... This makes rational planning for capital projects such as information technology very difficult.”
“By the end of next year, we expect to establish a regular schedule for offering inflation-indexed securities with maturities of five, 10 and 30 years,”
