Political Quotes

Bill Pascrell: “Our Treasury debt has long been the world's safest asset, historically, but default extortion has lowered credit…”

On the recordDecember 5, 2023
Our Treasury debt has long been the world's safest asset, historically, but default extortion has lowered credit ratings.
Said by
Bill Pascrell
Democratic · New Jersey

Editor's note · Context

Pascrell discusses the historical safety of Treasury debt and the effects of default threats.

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