"During the fiscal year ending in 1861, expenses……" — G. Edward Griffin

During the fiscal year ending in 1861, expenses of the federal government… - G. Edward Griffin
"During the fiscal year ending in 1861, expenses of the federal government had been $67 million. After the first year of armed conflict they were $475 million and, by 1865, had risen to one billion, three-hundred million dollars. On the income side of the ledger, taxes covered only about eleven per cent of that figure. By the end of the war, the deficit had risen to $2.61 billion. That money had to come from somewhere."

G. Edward Griffin

40 Quotes by G. Edward Griffin

G. Edward Griffin has 40 quotes on this site. A few more worth reading:

See all 40 quotes by G. Edward Griffin »

More Armed Quotes

This quote is filed under Armed Quotes, one of 612 quotes in that category. Here are a few more:

See all 612 Armed Quotes »