There is no capitol budget program. It counts a dollar of consumption exactly the same as a dollar of investment, even though the investment dollar will bring you back much more in economic growth and tax revenues.
Bob Wise: “There is no capitol budget program. It counts a dollar of consumption exactly the same as a dollar of investment, even…”
On the recordJanuary 25, 1995
Source
govinfo.govEditor's note · Context
Discussing the implications of the lack of a capital budget program.
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