Angus King said "I think interest rates are a ticking time bomb, and if they return to 5 or 6 percent, we would be paying over $1 trillion a year in interest." @ PoliticalQuotes.com

On the recordFebruary 3, 2014

I think interest rates are a ticking time bomb, and if they return to 5 or 6 percent, we would be paying over $1 trillion a year in interest.

Said by

Angus King

Independent · Maine

Source

congress.gov

Editor's note · Context

Senator King warns about the impact of rising interest rates on federal spending.

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