Political Quotes

Tim Kaine: “The imbalance between spending and revenue that is built into current law and policy is projected to lead to continued…”

On the recordFebruary 2, 2016
The imbalance between spending and revenue that is built into current law and policy is projected to lead to continued growth of debt held by the public as a share of GDP. This situation--in which debt grows faster than GDP--means the current Federal fiscal path is unsustainable.
Said by
Tim Kaine
Democratic · Virginia

Editor's note · Context

Kaine highlights the unsustainable fiscal path due to growing debt outpacing GDP.

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