On the recordFebruary 28, 1994
The answer is that it would, and that is why we have that flexibility. We do not go as far as Thomas Jefferson wanted to go. He wanted to absolutely prohibit any Federal Government borrowing.
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govinfo.govSen. Paul Simon: “The answer is that it would, and that is why we have that flexibility. We do not go as far as Thomas Jefferson wanted to…”
Editor's note · Context
The speaker discusses the limits of federal government borrowing in relation to Thomas Jefferson's views.
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