Political Quotes

“This might expedite procedures very considerably. But this is a fortunate moment; at a time when a Secretary of the Treasury is urgently needed, we have a message which goes out to the Nation and to the world that an officer of the Cabinet with fullest confidence of the Senate has been confirmed directly. Senator Packwood was kind enough to mention the work of Mr. Rubin as chairman of the National Economic Council for the past 2 years. It would not be wrong to note that during that period we have created 5.6 million new jobs in the Nation. We have had an average growth of real gross domestic product of 3.5 percent. We have had an extraordinary recovery in which the rest of the world we hope will now join with us. And we have had 3 years running a declining deficit, the first time it happened since the Presidency of Harry S. Truman coming off the Second World War. I would note sir, Mr. Rubin will be the 68th Secretary of the Treasury.”