Political Quotes

Nick Smith: “But it is not a question of them not being allowed to be spent. It is a question of them being spent in the same way…”

On the recordApril 17, 1996
But it is not a question of them not being allowed to be spent. It is a question of them being spent in the same way that it has been spent since the existence of the trust fund in 1956.
Said by
Nick Smith
Republican · Michigan

Editor's note · Context

Discussing the spending of trust fund resources.

Share

More from Nick Smith

Apr 21, 2004

It is a whole different 1-hour debate and discussion; but just, for example, one country, we have $100 billion deficit trade with China, and what does China do with that extra $100 billion? They probably invest it in our companies, or buy…

govinfo.gov
Apr 21, 2004

The debt is $7 trillion divided by about 290 million. It comes out to almost $25,000 for every man, woman and child in terms of their share of the debt.

govinfo.gov
Jul 9, 2004

I oppose H.R. 2828, the California Water Bill because it preauthorizes wasteful projects. It forces federal taxpayers to pick up more than a $1.5 billion tab for a California-only project. It would not prevent taxpayers from getting stuck…

govinfo.gov
Jun 24, 2004

I wore my Adam Smith tie this morning because today we are going to talk about some ways that might help us give discipline to ourselves on how much money we spend and how much overpromising we do. Two areas. One, I am from a farm in…

govinfo.gov

Other voices in this conversation