Political Quotes

Bobby Scott: “By that the gentleman means for every dollar in lost revenue, what effect does that have on the GDP, and whether or not…”

On the recordSeptember 16, 2003
By that the gentleman means for every dollar in lost revenue, what effect does that have on the GDP, and whether or not you actually stimulated the economy, and what did you say for, if you extend unemployment compensation, for those that lost their jobs, as we usually do in a recession, end of 26 weeks, we extend it another 13 weeks just routinely, how much of a stimulus is that to the economy?
Said by
Bobby Scott
Democratic · Virginia

Editor's note · Context

Discussing the economic impact of extending unemployment compensation during a recession.

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