Political Quotes

Jack Kingston: “I think the important point of all this is there are a lot of different savings accounts that may work for a family, but…”

On the recordOctober 8, 1997
I think the important point of all this is there are a lot of different savings accounts that may work for a family, but the emphasis is that the tax system as we have passed it recognizes the importance of saving for the future. Right now I think the consumer debt is something like $4 trillion nationwide. It may even be bigger than that. But we as a society need to start saving money for the future. And by implementing these new IRA type savings accounts, that is what we are doing.
Said by
Jack Kingston
Georgia
Source
govinfo.gov

Editor's note · Context

Discussing the importance of savings accounts and consumer debt during a floor speech.

Share

Share on XShare on FacebookEmail this quote

More from Jack Kingston

Feb 6, 2018

I think there's going to be a real interesting back-story here because if I'm the president right now I'm talking to John Kelly and saying, tell me what you knew, who kept this information from you if you did not know.

transcripts.cnn.com
Jan 4, 2017

Trust but verify, in this case verify absolutely everything going forward.

transcripts.cnn.com
Dec 28, 2017

I think the president at this point, he's realizing what the American people are realizing, is that this investigation is leading to nowhere, and it probably should be wrapped up very soon.

transcripts.cnn.com
View all Jack Kingston quotes

Other voices in this conversation