Political Quotes

On the recordAugust 2, 2010
Dr. Elmendorf, would you explain the phenomenon of the fact that the U.S. Government is borrowing more and more money, albeit the Federal Reserve is trying to hold down the rates, and why those rates projected well into the future, interest rates, are staying so low?
Said by
Bill Nelson
Democratic · Florida

Editor's note · Context

Nelson asks about government borrowing and low interest rates.

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