Senate Proceeding on Mar 10th, 2011 :: 3:23:25 to 3:24:30
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3:23:20 to 3:23:25( Edit History Discussion )

Harry Reid: spent the next 20 years paying the debts that they incurred to

3:23:25 to 3:24:30( Edit History Discussion )
Speech By: Carl Levin

3:23:26 to 3:23:48( Edit History Discussion )

Carl Levin: win the contests with the depression and in the pacific and in europe. their accumulated debts of 1946 totaled over 120% of our national income. economists report that between economic growth and some inflation, the greatest generation reduced the crippling world war ii debts that secured

3:23:49 to 3:24:10( Edit History Discussion )

Carl Levin: our victory during the late 1940's and decade of the 1950's. the return to a more fiscally responsible government sparked an economic boom that built a superpower called the united states of america. the history lesson here is

3:24:11 to 3:24:30( Edit History Discussion )

Carl Levin: clear: each generation has faced conflict, war and debt, and each generation is tested. the looming debt crisis facing this government is our generation's test. while some government officials and bankers may counsel ineffective action, saying we