Political Quotes

Charles E. Grassley: According to the Congressional Budget Office, interest on the debt will total $870 billion this year, exceeding what we…

On the recordMarch 12, 2024
According to the Congressional Budget Office, interest on the debt will total $870 billion this year, exceeding what we expect to spend on national defense.

Editor's note · Context

Grassley highlights the alarming debt service costs compared to national defense spending.

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More from Charles E. Grassley

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the bottom line is this is coming whether we like it or not.

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CBO's February baseline set the record straight, telling us that the so-called Inflation Reduction Act's EV handout would increase the deficit by hundreds of billions of dollars.

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I think you expressed the inconsistency between environmental policies, and what the same environmentalists think we ought to do for EV vehicles.

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