Political Quotes

Rep. Rahm Emanuel: “I think the deficit has now become the centerpiece of his economic policy. If we look at the administration's projection…”

On the recordSeptember 16, 2003
I think the deficit has now become the centerpiece of his economic policy. If we look at the administration's projection over the next 6 and 7 years, on the deficit going out to the year 2011, they actually borrow money every year consistently regardless of how big or how small the deficit will be from the Social Security surplus. Every year that is done. To mask the size of the deficit, they must borrow from the Social Security trust fund.
Said by
Rep. Rahm Emanuel
Illinois

Editor's note · Context

Discussing the impact of the deficit on economic policy during a floor speech.

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