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Tim Murphy actually said...

If any insurance company began collecting premiums, then tried to spend $86 billion before paying out a single penny in benefits, they would rightly be prosecuted as a Ponzi scheme.

Context

Murphy compares the CLASS Act's funding strategy to a Ponzi scheme.

10/25/2011

https://congress.gov...

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View All Tim Murphy Quotes

Tim  Murphy
out of office

usa, Pennsylvania

679 Quotes

PartyRepublican

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