Political Quotes

Angus King: “I would urge you to think about that, because it is one thing to owe $17 trillion, the question is what do you owe it…”

On the recordFebruary 3, 2014
I would urge you to think about that, because it is one thing to owe $17 trillion, the question is what do you owe it for and what part of that is legitimate capital, which future generations should help pay for because they are going to enjoy it.
Said by
Angus King
Independent · Maine

Editor's note · Context

Senator King emphasizes the importance of distinguishing between capital and ongoing budget costs.

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