Political Quotes

Robert C. Byrd: “We must make a permanent sacrifice of tens of billions of dollars a year just to service our new foreign debts. Instead…”

On the recordOctober 10, 1986
We must make a permanent sacrifice of tens of billions of dollars a year just to service our new foreign debts. Instead of strengthening our capacity to pay those debts, we have cut back our investments in people and equipment. We shall pay dearly for this shortsighted policy in coming years.
Said by
Robert C. Byrd
West Virginia
Source
govinfo.gov
Oct 10, 1986

Editor's note · Context

Criticizing the administration's economic policy on investment and foreign debt.

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