Political Quotes

Mark Neumann: “In 1997, we expect that number to read in the range of $74 billion. So they will take another $74 billion worth of…”

On the recordApril 16, 1997
In 1997, we expect that number to read in the range of $74 billion. So they will take another $74 billion worth of IOU's. They will spend the $74 billion on other government programs, and they will simply put IOU's in the trust fund.
Said by
Mark Neumann
Wisconsin

Editor's note · Context

Discussing government spending and trust fund management.

Share

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.

govinfo.gov
Sep 10, 1998

For the first time since 1969 for the last 12 months running, this government spent less money than they had in their checkbook. That is just a monumental change in the way things have been done. I should say it again because it is that…

govinfo.gov
Jun 23, 1998

The key here is as we eliminate this waste, it provides us with the dollars necessary to reduce the tax burden on the American people, while, at the same time, leaving our hands off of Social Security, which is what the Social Security…

govinfo.gov
Jun 23, 1998

Would it be fair to say when we look at the Labor Department, they are missing $3 billion, and if we could cut out that part where they cannot find any, we could apply that $3 billion to tax reductions to the American people?

govinfo.gov

Other voices in this conversation