If it means failure to provide the necessary means to defray all the expenses of Government, and thereby repudiation of the public debt and pensions, then I am still more opposed to such kind of revenue reform.
Ulysses S. Grant: “If it means failure to provide the necessary means to defray all the expenses of Government, and thereby repudiation of…”
Editor's note · Context
Grant strongly opposes any revenue reform that fails to ensure the necessary funding for government obligations, including debt and pensions.
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