DeMint: Obama’s Spending Increased Interest Rates
Washington, D.C. - Today, U.S. Senator Jim DeMint (R-South Carolina) made the following statement Friday responding to President Obama’s prediction that higher debt levels would lead to higher interest rates for American families and businesses.
“I’m glad the President is finally admitting that his reckless spending is going to have real economic consequences for American families and businesses. I’m glad he is finally acknowledging that his policies are going to lead to higher interest rates. Unfortunately, these admissions are three months late and a trillion dollars short.”
Originally published May 15, 2009; Jim DeMint