Political Quotes

Mark Neumann: Right. Of that $75 billion, about $35 billion is actual cash over and above what is collected out of paychecks, and the…

On the recordApril 16, 1997
Right. Of that $75 billion, about $35 billion is actual cash over and above what is collected out of paychecks, and the other $40 billion is the interest on what is already in the trust fund. So, yes, they are paying all of it, it is about $75 billion. It is made up of about $35 billion in principal and $40 billion in interest.
Said by
Mark Neumann
Wisconsin

Editor's note · Context

Discussing the financial components of a $75 billion budget during a congressional debate.

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