the front-page article of the New York Times today, which talks about the CIA, has implications for the war to remake America that is going on in this Capitol now. Speaker Gingrich has declared that politics is war without blood, and they have waged a relentless war. My colleagues who spoke before about the threat of a default have indicated how serious this war is. The threat of a default is very serious. A default itself, of course, would be a disaster, but even a threat shakes the confidence of the world economies in this country and shakes the confidence of Americans. Already the confidence of Americans has been shaken in their Government by two shutdowns of the Government. So I think it is very serious. The following article that appears on the front page of the New York Times certainly has implications for what is going on with respect to streamlining and downsizing the expenditure side of the battle to remake America. It also has very serious implications with respect to the revenue side of the battle to remake America. The New York Times article of today, January 30, says that a secret agency's secret budgets yield lost billions, officials say. Let me repeat that. A secret agency's secret budgets yield lost billions, officials say. Budgets, not just one budget. This secret agency has several budgets, and it has lost billions.
Burgess Owens: “the front-page article of the New York Times today, which talks about the CIA, has implications for the war to remake…”
Editor's note · Context
Discussing the implications of a New York Times article on CIA budgets and the threat of government default.
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