Political Quotes

Bob Wise: “The language in our amendment says capital budget reflects those investments, capital investments which produce a…”

On the recordMarch 16, 1994
The language in our amendment says capital budget reflects those investments, capital investments which produce a long-term economic return. That language was specifically added to make sure to provide greater protection so that we would not be randomly adding any project we wanted. I do not think wages and salaries are a capital investment. I do think concrete and infrastructure are.
Said by
Bob Wise
West Virginia

Editor's note · Context

Discussing the definition of capital investments in relation to a budget amendment.

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