Political Quotes

Calvin Coolidge: One-third of the national debt has been paid, while much of the other two-thirds has been refunded at lower rates, and…

On the record
One-third of the national debt has been paid, while much of the other two-thirds has been refunded at lower rates, and these savings of interest and constant economies have enabled us to repeat the satisfying process of more tax reductions.
Said by
Calvin Coolidge
Republican · Vermont

Editor's note · Context

Coolidge reports on the reduction of national debt and the benefits of lower interest rates.

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