Political Quotes

Daniel Moynihan: “As my friend knows, the bonds that Treasury issues to the Social Security Administration have a special provision; they…”

On the recordMarch 2, 1994
As my friend knows, the bonds that Treasury issues to the Social Security Administration have a special provision; they can never sell below par, as the Senator well knows.
Said by
Daniel Moynihan
New York

Editor's note · Context

Discussing the special provisions of Treasury bonds issued to the Social Security Administration.

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