I do not know if she is aware that Data Resources, Inc., one of the major econometric think tanks just a few days ago came out with a statement saying, and this is in line with her talking about jobs, that if we balance the budget by the year 2002, we will create 2.5 million more jobs in our country. And they also say here, by 2002, half the savings in our budget simulation come from lower interest costs. They project a 2.5-percent drop in interest rates. What that would do for our economy.
Lateefah Simon: “I do not know if she is aware that Data Resources, Inc., one of the major econometric think tanks just a few days ago…”
Editor's note · Context
Discussing the economic impact of balancing the budget during Senate floor debate.
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