Political Quotes

George Voinovich: It is my understanding what we would do with this lockbox money is to use it to pay down the public debt, which would…

On the recordApril 21, 1999
It is my understanding what we would do with this lockbox money is to use it to pay down the public debt, which would lower the interest costs to our Federal budget every year. But at the same time it would mean that money ultimately would have to be paid back to the Social Security trust fund.
Said by
George Voinovich
Republican · Ohio

Editor's note · Context

Discussing the implications of using lockbox money for public debt reduction.

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