Quotes About Deficit

When I was speaker in North Carolina, the state was gripped with a deficit, and we made a fundamental policy decision to adopt austerity budgets for four years.

We're failing when it comes to controlling spending.

If we don't get a grip on government spending, there will be no growth.

The reason Ronald Reagan gets slammed for having so badly exacerbated the problem of deficit spending is that he so plainly deserves it.

The debt and the deficit is just getting out of control, and the administration is still pumping through billions upon trillions of new spending. That does not grow the economy.

My point is cutting spending shouldn't be reliant on the debt limit though. It's something we have to do. The good news for America is, leaders in both parties, the president, believe that we have to have significant deficit reduction. So the intent is there. And I think what America is going to demand is that our leaders come together.

Well, a deficit reflects an imbalance between spending and revenue, and so narrowing it requires acting on one, the other or both.

In the budget, the president will call for a five-year freeze on discretionary spending other than for national security. This will reduce the deficit by more than $400 billion over the next decade and bring this category of spending to the lowest share of our economy since Dwight Eisenhower was president.

Federal spending is atrocious.

Mr. Obama's choices show how fundamentally unserious he is about deficit reduction and spending restraint.

The only thing growing faster than the federal government's deficit is Chris Matthews' man-crush on Barack Obama.

Or, to reassure the bond market, does it cut expenditures in some other area, upsetting voters or vested interests? Or does it try to reduce the deficit by raising taxes?

I have saved $1,638,580 over my four years. That may not seem like a lot, faced with our deficit, but multiply it by 435 members of the House - and then the senators get three times as much - and you are adding up several millions in savings.

Ultimately, we can't just keep doubling our national debt every eight years. We have got to get that under control and not spend more than we bring in.

For decades, the Arab states have seemed exceptions to the laws of politics and human nature. While liberty expanded in many parts of the globe, these nations were left behind, their 'freedom deficit' signaling the political underdevelopment that accompanied many other economic and social maladies.

A.R.'s very apparatus that determines color was damaged, he didn't know what colors were (except in an abstract sense). Denying an objective sensory or motor deficit due to neurological damage is a form of agnosia termed anosognosia. It is really a deficit in self-awareness: not knowing what it is that one no longer knows.

The deficit, then, is not the difference between what America spends and what America earns; it is, to a striking extent, the difference between what the rich owe and what the rich pay.

China-centric globalization is characterized by three features: (1) The emergence of China as the global center of manufacturing—the so-called "factory for the world"; (2) The creation of a new dollar zone shared by the U.S. and China, and supported by China's adoption of a pegged dollar exchange rate; and (3) The emergence of a massive U.S. trade deficit with China, combined with the transfer of a significant chunk of U.S. manufacturing capacity there.

the traditionally used ratios of deficit to GDP and total debt to GDP, as computed using the official numbers, grossly overstate how much more debt China can incur to jump-start its economy.

For me, there will be no enemies but unemployment, the deficit, excessive debt, economic stagnation and anything else that keeps our country in these critical circumstances.

When you look what is happening in this country with the debt, the deficit, the CBO coming out and saying once again we're going to have a trillion dollar plus deficit in 2012, the fourth straight year, and unemployment may be going back up to 8.9 or maybe nine percent by the end of the year, these are serious situations that are going.

Economically, long-term joblessness means fewer dollars for consumption. For deficit control, it means fewer taxpayers contributing to government revenues and tens of billions more spent on unemployment insurance.

One of the cruellest things of all is to have a huge deficit in this country, meaning that everyone's children will be expected to pay back for our debt today. That is unfair as well.

You can't be perceived as 'the black actress who doesn't get the same kind of roles as the white actress.' You gotta run the same race. You gotta give the same quality of performances. You gotta have the same standard of excellence, even though people know that you're coming to the race in a deficit. That's just what life is about.