Political Quotes

Joe Cunningham: “They demagogue and say it is a cut. A classic example: Last year the President's direct lending program cost $3 billion…”

On the recordOctober 23, 1997
They demagogue and say it is a cut. A classic example: Last year the President's direct lending program cost $3 billion to administer, another $4 billion to collect. GAO study. That was when it was capped at 10 percent.
Said by
Joe Cunningham
South Carolina

Editor's note · Context

Discussing the costs associated with the President's direct lending program.

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