On the recordJune 22, 2023
the more money we have to use for servicing our debt, the less money we have for meeting the needs of the American people
Source
congress.govthe more money we have to use for servicing our debt, the less money we have for meeting the needs of the American people
Scott emphasizes the negative impact of debt servicing on funding for American citizens' needs.
Share & report
More from Tim Scott
Chair Gensler, as our economy and markets move forward, the SEC must keep moving forward and put American savers first.
I do not believe that increasing significantly the capital standards is in the best interest of small businesses or people looking for loans.
However, the United States can only retain these benefits if our regulatory environment empowers budding entrepreneurs to innovate, launch, and grow new job-creating ventures.
Chair Gensler, as our economy and markets move forward, the SEC must keep moving forward and put American savers first.