Chuck Grassley actually said...

"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 ri..."

"Under the President's budget, spending as a percent of GDP would average 24.5 percent for the next decade."

"But if interest rates do increase, that could be catastrophic given escalating debt under the President's budget."

"I assume that, if your investigation finds a violation of the law, you are going to see that people are prosecuted."