Political Quotes

William Zeliff: “We must remember that business as usual, has resulted in a $4.5 trillion debt. Our annual interest payments are now over…”

On the recordMay 5, 1994
We must remember that business as usual, has resulted in a $4.5 trillion debt. Our annual interest payments are now over $200 billion, and slated to hit $278 billion by the year 2002. The amount of money that we pay for nonproductive interest payments, exceeds our annual expenditure for vital areas, such as research into cancer, AIDS, and other diseases; interest payments exceed our Federal aid to education; these interest payments also exceed our budgets for other vitally needed areas such as environmental protection, veterans health care, and our widely heralded anticrime efforts. It is time for change! We can no longer afford business as usual. Sign the A to Z discharge petition today. It is time to start cutting that $4.5 trillion debt.
Said by
William Zeliff
Republican · New Hampshire
Source
govinfo.gov

Editor's note · Context

Addressing the need for fiscal responsibility and urging support for a spending cuts petition.

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