Political Quotes

On the recordMay 19, 1994
Over 200,000 American citizens suffer from black lung disease. This disease disables the respiratory system and is irreversible. For those who suffer from black lung, they most often die from cardiac arrest. It is a sad fate of the people who provide resources for Americans to turn on their lights and heat for their homes. The everyday conveniences in America have their root, frankly, from the coal miners. But the black lung trust fund currently owes the Federal Government $3.4 billion because current disbursements are higher than revenue received by the trust fund. Meanwhile, the interest that the trust fund owes to the U.S. Treasury on the outstanding debt is $340 million every day. Therefore, the debt owed to the U.S. Treasury continues to increase. Now, if H.R. 2108 passes, it will cost an additional $195 million over the next 5 years to the black lung trust fund.
Said by
John Boehner
Ohio

Editor's note · Context

Discussing the financial challenges of the black lung trust fund and the implications of H.R. 2108.

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