Political Quotes

Patricia Schroeder: “The issue is that the money was not spent, and then it forced us to spend a tremendous amount of money just on interest…”

On the recordMay 22, 1996
The issue is that the money was not spent, and then it forced us to spend a tremendous amount of money just on interest on that additional debt we incurred by spending more than we really needed to spend at that time, when we build up an account of that much over that period of time. And the gentleman knows and I know that the fastest growing part of the Federal budget has been interest on the debt. We would not allow any other agency to do that.
Said by
Patricia Schroeder
Colorado

Editor's note · Context

Discussing federal budget issues and interest on the national debt.

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