We borrow it because we keep spending. The gentleman from Texas said, 'What happens? It is because we keep spending. We keep spending.'... But there is not less income. From this year to next year, first of all, $1.8 trillion. Next year, it will be $2 trillion.
Jim Nussle: “We borrow it because we keep spending. The gentleman from Texas said, 'What happens? It is because we keep spending. We…”
On the recordMarch 30, 2004
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govinfo.govEditor's note · Context
Discussing federal spending and tax income during a debate on budget issues.
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