Political Quotes

Bill Foster: “I would also remind Members on both sides of the aisle that during the last Republican default crisis, family net worth…”

On the recordOctober 28, 2013
I would also remind Members on both sides of the aisle that during the last Republican default crisis, family net worth dropped by $2.4 trillion.
Said by
Bill Foster
Democratic · Illinois

Editor's note · Context

Foster recalls the economic impact of a previous default crisis.

Share

More from Bill Foster

Jul 9, 2024

I guess when things are going well, as they currently are, it is all of our duties to look around the curve and see the risks that keep you up at night.

congress.gov
Jul 9, 2024

Do you remember with AIG, the real problem with AIG falling into bankruptcy is that it would immediately put a bazillion of the European banks into violation of their capital requirements, which was major contagion that----

congress.gov
Sep 18, 2024

I think we should consider adopting this in the coming session of Congress, at least on a temporary basis.

congress.gov
Sep 18, 2024

This made the discharge petition much more effective at its intended purpose, which is sort of to operate as a safety valve against, you know, the Speaker's rather dictatorial power.

congress.gov

Other voices in this conversation