Political Quotes

Jeff Merkley: “Is there any sort of mechanism in the law in which rates are adjusted in order to cover the interest on the debt?”

On the recordJune 8, 2011
Is there any sort of mechanism in the law in which rates are adjusted in order to cover the interest on the debt?
Said by
Jeff Merkley
Democratic · Oregon

Editor's note · Context

Merkley questions the lack of mechanisms for rate adjustments to manage debt.

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