That is correct. That is adjusted down somewhat. But GAO tells me the same basic trends are there. And no nation has come anywhere close to that without, as the Senator points out, monetizing the debt.
The speaker discusses national debt trends and the implications of monetizing debt.
Share
More from Sen. Paul Simon
I would point out simply that is the policy of this administration as spelled out in the Wellstone amendment. That is why I am hoping that maybe we can still work out some kind of a compromise with the Senator from Kansas because I do not…
Yes, it is. If any such right currently exists under 42 U.S.C. section 1983, this Act does nothing to preclude such an action.
The offer of funding ... was a last-ditch effort to cover for an inadequate Canadian trade regime that has failed to create a viable market for the products manufactured at Hamilton Works.
Just in response to one item mentioned by my friend from Tennessee. He and I agree on Social Security. We differ on the Reid amendment. When he talks about 110 percent of debt versus GDP in 1945 after World War II, what that ignores is…
Other voices in this conversation
