"For the last 4 years, our Federal Government has produced the four biggest deficits in history, and the estimated 2006 deficit of $423 billion is projected to be the largest of all"
- Melissa Bean
About this Quote
This quote by Melissa Bean is describing the monetary state of the United States Federal Government over the previous 4 years. It is suggesting that the federal government has actually been running a deficit, suggesting that it has actually been spending more money than it has actually been taking in. This has resulted in the 4 biggest deficits in history, with the estimated 2006 deficit of $423 billion being the largest of all. This is a concerning trend, as it suggests that the government is not managing its finances properly and is most likely to deal with monetary difficulties in the future. It is essential that the government takes steps to reduce its deficit and guarantee that it is able to handle its finances in a sustainable way.
This quote is written / told by Melissa Bean somewhere between January 22, 1962 and today. He/she was a famous Politician from USA.
The author also have 29 other quotes.
"A lawyer without history or literature is a mechanic, a mere working mason; if he possesses some knowledge of these, he may venture to call himself an architect"
"We have our own history, our own language, our own culture. But our destiny is also tied up with the destinies of other people - history has made us all South Africans"
"It is humiliating to remain with our hands folded while others write history. It matters little who wins. To make a people great it is necessary to send them to battle even if you have to kick them in the pants. That is what I shall do"
