It is going to take the money, and instead of spending it, at least we are going to get the benefit of reducing the debt which brings down the interest rate. It is a worthy alternative to the current situation.
George Voinovich: “It is going to take the money, and instead of spending it, at least we are going to get the benefit of reducing the debt…”
On the recordApril 21, 1999
Source
govinfo.govEditor's note · Context
Discussing fiscal policy and debt reduction.
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