On the recordJanuary 6, 2011
100 percent of the revenues that this Nation produces today are being consumed by our mandatory spending and the interest on the debt.
Source
congress.gov100 percent of the revenues that this Nation produces today are being consumed by our mandatory spending and the interest on the debt.
Kerrey highlights that all national revenue is consumed by mandatory spending and debt interest.
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I also believe that he will be an independent voice who is unafraid to stand up to the Executive, should that become necessary.
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