Political Quotes

John Sarbanes: As I understand it, because of the tax cut and also because we are constrained to do these programs for the war and for…

On the recordApril 11, 2003
As I understand it, because of the tax cut and also because we are constrained to do these programs for the war and for homeland security, over this 10-year period we are going to be using $2.7 trillion from the Social Security trust fund to cover those costs; is that correct?
Said by
John Sarbanes
Democratic · Maryland

Editor's note · Context

Discussing the financial implications of tax cuts and funding for war and homeland security.

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