Political Quotes

Chuck Grassley: “Given Secretary Yellen recognizes the potential of higher interest rates, doesn't proposing a budget that results in…”

On the recordJune 7, 2021
Given Secretary Yellen recognizes the potential of higher interest rates, doesn't proposing a budget that results in public debt reaching 117 percent of GDP by 2031 and continues to rise thereafter risk leading us down the path that we have seen in other countries--Greece is an example.
Said by
Chuck Grassley
Republican · Iowa

Editor's note · Context

Grassley questions the long-term risks of the proposed budget's impact on national debt.

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