Political Quotes

Jim Jordan: “If the Fed will not monetize the debt and if the Congress refuses to deal with the spending curve, which will average…”

On the recordJune 2, 2009
If the Fed will not monetize the debt and if the Congress refuses to deal with the spending curve, which will average about 23 percent of GDP for the next 10 years, that is either going to leave us with a massive tax increase or massive borrowing.
Said by
Jim Jordan
Republican · Ohio

Editor's note · Context

Jordan warns about the consequences of not addressing debt and spending issues.

Share

More from Jim Jordan

Jul 24, 2026

It was supposed to be filtered and screened. It wasn’t.

foxnews.com
Jul 31, 2026

He’s done a good job as a member of Congress and we should all pray for his family.

huffpost.com
Aug 28, 2026

This is one of the dumbest policies I've ever heard of.

foxnews.com
Jul 22, 2026

We want to make sure that if you ever, God forbid, get another Joe Biden-type president who's just going to open the border, that makes it much tougher for him to do what he did.

foxnews.com

Other voices in this conversation