Anticipated Nomination of Roger C Altman Hearing Before the Committee On Fina
Anticipated Nomination of Roger C Altman Hearing Before the Committee On Fina
United States Congress Senate Committee On Fina
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Second of all, in terms of the boldjiess of a plan, I think, there are three components to that. One is some stimulus now. A second is increasing our rate of investment at the Federal level. And a third is reducing the deficit to free up the savings to increase the rate of investment in the private sector. I believe we will come forth with a stimulus program. I believe you will see the President- elect proposing some very significant new investments, as he talked about during the campaign, in e...du- cation, in job training, items you mentioned, as well as infrastruc- ture and the like. And third, I think the plan to reduce the deficit, in other words, even taking into account those new investments, reducing the defi- cit on a net basis, I think, will be an aggressive one. That is cer- tainly the spirit of the discussions that are going on now. Senator RiEGLE. Just finally, I know my time is up. Senator MOYNIHAN. No, sir. Please go ahead. You have a lot of time. Senator Riegle. Thank you.
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