For Germany to embrace the idea of bailing out Greece, it would be like Nebraska with a balanced budget amendment and an obligation that we cannot borrow any more than $100,000 so we have no debt bailing out another State that spent wildly and borrowed money.
Mike Johanns: “For Germany to embrace the idea of bailing out Greece, it would be like Nebraska with a balanced budget amendment and an…”
On the recordOctober 19, 2011
Source
congress.govEditor's note · Context
Johanns compares Germany's reluctance to bail out Greece to Nebraska's strict budget rules.
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