Political Quotes

Bobby Scott: “Does the gentleman know who said the budget deficit is a stealth tax that pushes up interest rates and costs the typical…”

On the recordFebruary 11, 2003
Does the gentleman know who said the budget deficit is a stealth tax that pushes up interest rates and costs the typical family $36,000 on an average home mortgage, $1,400 on an ordinary student loan and $700 on a car loan?
Said by
Bobby Scott
Democratic · Virginia

Editor's note · Context

Questioning the impact of the budget deficit on families during a discussion on fiscal policy.

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