Political Quotes

Angus King: “On the other hand, we cannot ignore this. I mean, the debt, just the interest on the debt, if we have a 1-percent…”

On the recordFebruary 3, 2014
On the other hand, we cannot ignore this. I mean, the debt, just the interest on the debt, if we have a 1-percent increase in the interest we are paying on our current Federal debt--1 percent--which I think everyone agrees is likely within the foreseeable future, that will suck more money out of the Federal budget than the sequester.
Said by
Angus King
Independent · Maine

Editor's note · Context

Senator King warns about the impact of rising interest rates on federal budget due to debt.

Share

More from Angus King

Oct 13, 2026

Deterrence works only if it’s credible, and the actions of the administration over the past two years — in spite of all the bluster about lethality and testosterone — have severely compromised that credibility, and with it, the safety and…

king.senate.gov
Oct 5, 2026

That's not as dire as some of the AI officials who have suggested that there was a 10 percent chance of wiping out all of humanity.

foxnews.com
Oct 3, 2026

National Veterans Suicide Prevention Day is a solemn reminder of our responsibility to the veterans we have lost, and to the families who carry their memory forward.

king.senate.gov
Oct 11, 2026

Instead of pursuing solutions that are consistent with America’s values, President Trump has decided to ease energy sanctions on Russia.

king.senate.gov

Other voices in this conversation