Political Quotes

John Sarbanes: “I also understand when they try to put it in percentage terms as a share of the economy, that it is almost at the…”

On the recordMarch 31, 2004
I also understand when they try to put it in percentage terms as a share of the economy, that it is almost at the highest level it has been since the end of World War II. Of course, we had to fight World War II. We had a significant deficit and ran up the debt. But it is almost at the highest it has ever been, and it is projected, as I understand it, to go higher; is that correct?
Said by
John Sarbanes
Democratic · Maryland

Editor's note · Context

Discussing the state of the economy and national debt levels.

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