Political Quotes

Sylvester Turner: I had heard a few months ago that the interest payment on the national debt was the third largest category of Federal…

On the recordMarch 7, 2001
I had heard a few months ago that the interest payment on the national debt was the third largest category of Federal expenditures. Is that correct? I think Social Security and perhaps national defense might have been a little bit ahead of payment of interest on the debt.
Said by
Sylvester Turner
Texas

Editor's note · Context

Questioning the ranking of interest payments on the national debt among federal expenditures.

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