Political Quotes

Sen. Paul Simon: “But GAO predicted in June of 1992 that by the year 2020 we would have in excess of 20 percent deficit relative to GDP.”

On the recordFebruary 23, 1994
But GAO predicted in June of 1992 that by the year 2020 we would have in excess of 20 percent deficit relative to GDP.
Said by
Sen. Paul Simon
Illinois

Editor's note · Context

The speaker discusses a GAO report predicting future economic deficits.

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