Political Quotes

Mike Quigley: “The CBO projects that by 2030, the federal government will be spending 30 percent of GDP but collecting only 20 percent…”

On the recordMarch 29, 2011
The CBO projects that by 2030, the federal government will be spending 30 percent of GDP but collecting only 20 percent in tax revenue.
Said by
Mike Quigley
Democratic · Illinois

Editor's note · Context

Quigley cites CBO projections on future government spending and revenue.

Share

More from Mike Quigley

Aug 15, 2026

Safe, affordable, and accessible rail travel is critical to the success of Chicago and the Illinois region.

durbin.senate.gov
Jun 6, 2026

In communities across the country, including Chicagoland, urban flooding has a unique ability to wreak havoc in our communities, leaving Americans feeling helpless in the aftermath.

duckworth.senate.gov
May 27, 2026

I’m proud to reintroduce bipartisan legislation to give cities and towns the resources and tools they’ll need to proactively address flooding challenges.

duckworth.senate.gov
Jul 1, 2024

We have to be honest with ourselves that it wasn't just a horrible night.

transcripts.cnn.com

Other voices in this conversation