Any great power that spends more on debt service than on defense, will not stay great for a long time, a very long time.
Charles E. Grassley: “Any great power that spends more on debt service than on defense, will not stay great for a long time, a very long time.”
On the recordJuly 9, 2024
Source
congress.govEditor's note · Context
Grassley cites historical lessons on fiscal management and its impact on national power.
Share
More from Charles E. Grassley
Jul 15, 2026
Jack Smith’s criminal investigation of President Trump was a runaway train that had no brakes," Grassley added Tuesday.
Aug 1, 2026
Congress deserves to know the full picture of how Smith carried out Arctic Frost so it never happens again.
Aug 6, 2026
This was the seventh farm bill I have been involved with since 1992 and the first one that I can recall that we are not doing on a bipartisan basis.
Jul 15, 2026
Based on the information that’s been produced to me and Senator Johnson, Biden DOJ and FBI investigators apparently ignored their own routine investigative protocols to obtain and review work-related messages from me and dozens of my…





