Political Quotes

Pat Ryan: Growing debt would increase the probability of a sudden fiscal crisis, during which investors would lose confidence in…

On the recordJune 5, 2012
Growing debt would increase the probability of a sudden fiscal crisis, during which investors would lose confidence in the government's ability to manage its budget, and the government would thereby lose its ability to borrow at affordable rates.
Said by
Pat Ryan
Democratic · New York

Editor's note · Context

Ryan discusses the risks of increasing national debt and its impact on government borrowing.

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