The gentleman has talked about debt reduction, our plan for debt reduction. Obviously during the course of the debate today and also last year, the Republican majority talked about the merits of tax relief and how it could theoretically stimulate the economy, generate more revenues and encourage more growth. They truly believe that. I understand their argument. Could the gentleman explain to us a little bit about the merits of debt reduction and the fiscal reasons for that and the type of economic benefit that that could bring for the Nation.
Ron Kind: “The gentleman has talked about debt reduction, our plan for debt reduction. Obviously during the course of the debate…”
Editor's note · Context
Discussing debt reduction and its economic benefits during a debate.
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