Political Quotes

Tom Price: “This chart is an important one because this shows the mandatory spending growth, something I like to coin actually…”

On the recordApril 17, 2007
This chart is an important one because this shows the mandatory spending growth, something I like to coin actually ``automatic spending growth'' because it is not mandatory. The Federal Government has determined that that is where we are going to spend money. And it automatically increases. These are the automatic programs, which are basically Social Security, Medicare and Medicaid; and unless they see reforms, what we will have seen from 1995 to 2017 is an increase from 48.7 percent to 62.2 percent of our economy.
Said by
Tom Price
Georgia
Source
govinfo.gov

Editor's note · Context

Discussing the growth of mandatory spending and its impact on the economy.

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