Political Quotes

Mark Neumann: “That is exactly why it is so important that folks understand that even after we get to a balanced budget we still have a…”

On the recordOctober 8, 1997
That is exactly why it is so important that folks understand that even after we get to a balanced budget we still have a $5.3 trillion debt that an average family of five sends $580 a month just to pay the interest on the debt. That is what we are doing today. And even after we have a balanced budget, that debt goes on. And that is why it is important that we have introduced legislation to deal with that.
Said by
Mark Neumann
Wisconsin

Editor's note · Context

Discussing the implications of national debt and the need for legislation after achieving a balanced budget.

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More from Mark Neumann

Jun 23, 1998

Along with every one of those 760 is a huge bureaucracy to run the program, and what is happening is the bureaucrats are getting the money that is supposed to be in the schools helping our kids.

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Jun 23, 1998

Just for a second, when you have got 760 different education programs run by the United States Government.

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Sep 10, 1998

Help me understand why it is that, as a taxpayer sends their money to Washington, and Washington decides how to best provide education for those kids back home, what exactly is it in the water out here or what is out here that makes us…

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Sep 10, 1998

Right. Again, I think we have to go back to this understanding that, when people out here talk about cutting spending, they do not actually mean they are cutting spending. They mean, instead of letting the growth rate be double the rate of…

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