Famous quote by Tim Johnson

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I have serious concerns about whether its prudent to give any foreign country substantial leverage over the U.S. economy
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"I have serious concerns about whether it's prudent to give any foreign country substantial leverage over the U.S. economy. Instead of spending $80 billion on important programs here at home, we're sending this money overseas just to pay interest on our debt"

- Tim Johnson

About this Quote

This quote by Tim Johnson reveals serious issues about the economic ramifications of the U.S. sending out cash overseas to pay interest on its debt. Johnson is fretted that this might give foreign countries significant utilize over the U.S. economy, and he thinks that the money ought to instead be spent on essential programs at home. This quote highlights the importance of fiscal duty and the need to prioritize domestic costs over foreign debt payments. Johnson's words also highlight the requirement for the U.S. to be conscious of its economic decisions and to be familiar with the prospective effects of its actions.

About the Author

USA Flag This quote is written / told by Tim Johnson somewhere between December 28, 1946 and today. He/she was a famous Politician from USA. The author also have 6 other quotes.

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