Political Quotes

Adam Smith: “If we're going to fix this problem in the long run and avoid sequestration in the short run, I believe that we must…”

On the recordOctober 25, 2011
If we're going to fix this problem in the long run and avoid sequestration in the short run, I believe that we must address this from both ends--spending will have to come down, and we're going to have to generate new revenues.
Said by
Adam Smith
Democratic · Washington

Editor's note · Context

Adam Smith emphasizes the need for both spending cuts and new revenue to address budget issues.

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