Political Quotes

John Spratt: Well, we know that because the chart was changed last night at 1:00 a.m., and we received that information then. We have…

On the recordMarch 23, 2000
Well, we know that because the chart was changed last night at 1:00 a.m., and we received that information then. We have adjusted the numbers, added the $50 billion to the $150 billion, and increased it at the same rate that the $150 billion tax cut was increased. Using that method of interpolation, the budget is still $5 billion in deficit by 2004 and a billion dollars in deficit in 2005. We are using the gentleman's same numbers, the gentleman's same proportionate increases each year and we come up with that result. Mr. Chairman, I reserve the balance of my time.
Said by
John Spratt
South Carolina

Editor's note · Context

Discussing budget deficits and tax cuts during a committee meeting.

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