Mark Warner actually said...

We bought ourselves a couple years, but at $17 trillion in debt, a 100-basis-point increase in interest rates adds $120 billion a year.

Highlights the impact of rising interest rates on national debt.

02/03/2014

More Mark Warner Quotes

we are going to be under tight fiscal constraints for as far as the eye can see, and we just do not have room for inefficient programs in th...

deficit reduction needs to be done in a balanced way, and includes a responsible mix of spending cuts and new revenue from those who can aff...

the fact that it includes a mix of spending cuts and new revenue reflects the values and principles of balance and fairness that the vast ma...

the idea that we are ever going to go back to a sustainable fiscal circumstance with anything around the 18.6 or even 19 percent is just not...