Political Quotes

Joe Barton: “We reached the $100 billion spending mark at the Federal level in 1961 or 1962, and in the current fiscal year, it is…”

On the recordJanuary 25, 1995
We reached the $100 billion spending mark at the Federal level in 1961 or 1962, and in the current fiscal year, it is expected we will expend just for interest on the national debt, over $225 billion. So we now pay more in interest than the entire Federal budget was in the early 1960's.
Said by
Joe Barton
Republican · Texas

Editor's note · Context

Discussing federal spending and interest on the national debt.

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