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Is Jack Lew a good pick for Treasury Secretary?

"President Obama is nominating Jacob "Jack" Lew to be his next secretary of the Treasury, pushing to his administration's forefront a longtime veteran of Washington budget battles.

Mr. Lew knows the federal budget from top to bottom the way few do, even other Beltway insiders. That gives him high value to the Obama administration as it seeks to "win" epic contests, in the next few weeks and years, over the shape of big-ticket entitlement programs, other federal spending, and the US tax code.

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