Political Quotes

John Sarbanes: If the debt keeps running up, then the carrying charge on the debt goes up every year. So more and more of the annual…

On the recordApril 28, 2005
If the debt keeps running up, then the carrying charge on the debt goes up every year. So more and more of the annual budget is consumed in order to pay the interest charge on the debt that was built up because deficits have been run before, is that correct?
Said by
John Sarbanes
Democratic · Maryland

Share

More from John Sarbanes

Mar 29, 2023

This is an important function that our committee plays. We take it seriously.

congress.gov
May 9, 2023

Without the strong and continued investment the EPA has requested for the Chesapeake Bay Program in fiscal year 2024, the risk is we could jeopardize decades of work in collaboration towards the Bay's restoration.

congress.gov
Mar 22, 2023

If you concluded that putting some reasonable limits in place and trying to find a way to enforce them would lead some percentage of your users to leave TikTok and go somewhere else, is that something that you are prepared to accept?

congress.gov
Apr 25, 2023

the majority of Americans agree that climate change needs to be addressed now--not 10 years from now or 100 years from now, but now.

congress.gov

Other voices in this conversation