Political Quotes

Mark Neumann: I just point out that, if we do not get to a balanced budget, if we do not do what is right to stop this growth of debt…

On the recordApril 24, 1997
I just point out that, if we do not get to a balanced budget, if we do not do what is right to stop this growth of debt, the opportunities for the children of this Nation are going to go away. The most important thing we can possibly do is make sure that we do get to a balanced budget so that the government is not taking all of this money out of the private sector that should be out there to keep the money supply available so interest rates stay down. And make no mistake about it. I noticed in a newspaper on the way out here this week, the headlines, two sections, headlines were good news about the economy because the deficit was down. When the deficit is down, they do not take as much money out of the private sector. When the Government is not confiscating that money out of private sector, there is more money available out there for people to borrow. And when there is more money available, the interest rates stay down. When the interest rates stay down, people can afford to buy houses and cars. This is what we need to do for our children.
Said by
Mark Neumann
Wisconsin

Editor's note · Context

Discussing the importance of a balanced budget for the future opportunities of children in the nation.

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