Political Quotes

Earl Pomeroy: “It has been 868 days since President Bush and the Republican Party embarked upon their economic plan for our country.…”

On the recordSeptember 25, 2003
It has been 868 days since President Bush and the Republican Party embarked upon their economic plan for our country. During this time, the national debt has increased by $1,163,468,782,425.75. According to the Web site for the Bureau of Public Debt at the U.S. Department of Treasury, yesterday as of 4:30 p.m. Eastern Daylight Time, the Nation's outstanding debt was $6,803,794,168,784.52. The interest we will have to pay on this debt, the debt tax, for fiscal year 2003 through the end of August, amounts to $304,978,878,641.11.
Said by
Earl Pomeroy
North Dakota

Editor's note · Context

Discussing the increase in national debt under President Bush's economic plan.

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More from Earl Pomeroy

Sep 14, 2009

We believe we can do much better than this.

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May 20, 2009

It is really on its face absurd. And I appreciate very much the leadership of this Committee in giving us these kinds of fora to have us sit in the sun and dissect it a little bit.

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Sep 16, 2009

I believe that when it is a securitized issue spread around with no remote concept of insurable interest, you raise profound questions about whether or not this tax incentive ought to apply anymore.

congress.gov
Mar 22, 2010

Thank you. Let me just say a couple words for the record.

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