Political Quotes

George H.W. Bush: “For accounts making commitments for guaranteed loans or obligations for direct loans as authorized by substantive law…”

On the recordDecember 26, 1989
For accounts making commitments for guaranteed loans or obligations for direct loans as authorized by substantive law, the head of each department or agency is directed to reduce the level of such commitments or obligations to the extent necessary to conform to the limitations established by the Act and by OBRA and specified by the Director of the Office of Management and Budget in his report of December 27, 1989.
Said by
George H.W. Bush
Republican · Texas

Editor's note · Context

Final Order for Emergency Deficit Control Measures for Fiscal Year 1990

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