Quotes About Deficit

People like Pete Peterson, the former secretary of commerce and Blackstone and titan of Wall Street, etc., has been writing books for years about the debt and deficit.

Establishing a 0.03 percent Wall Street speculation fee, similar to what we had from 1914-1966, would dampen the dangerous level of speculation and gambling on Wall Street, encourage the financial sector to invest in the productive economy and reduce the deficit by more than $350 billion over 10 years.

I'm finding myself really angry over spending and the deficit. I'm finding myself really angry over what's happening in the Middle East, the decision to stay in Afghanistan indefinitely. I'm angry about cap and trade. And I've been on record for a long time on the failed war on drugs.

It's not class warfare to suggest that we shouldn't look to seniors and the less fortunate to bear the brunt of deficit reduction. I believe America needs to understand there needs to be a sense of fairness.

That's what the Romney plan is all about, how to get jobs created, how to get this debt and deficit under control, how to revive small businesses so we can create jobs, and how to bring growth and opportunity to society instead of this class warfare, instead of speaking to people like they're stuck in some class or station in life.

Let's establish that no one in Washington actually cares about balancing the budget.

Governments that try to shoot for a surplus hardly ever reach it.

Essentially, when we run a deficit, we are borrowing money to buy things that are made overseas.

Deficit spending is simply a scheme for the 'hidden' confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights.

The only way government bureaucrats know of keeping prosperity going is to inflate some more - to increase the deficit or to pump more money into the system.

The attention deficit disorder of the culture is very distressing in America now and I think it puts a lot of things at risk, not just poetry.

I could end the deficit in 5 minutes. You just pass a law that says that anytime there is a deficit of more than 3% of GDP all sitting members of congress are ineligible for reelection.

I could end the deficit in five minutes. You just pass a law that says that anytime there is a deficit of more than 3% of GDP all sitting members of congress are ineligible for reelection.

Largely because of the boom, the projected deficit had shrunk to $75 billion, leading Clinton to indulge the GOP's obsessive desire to cut rich people's taxes. As always the cuts were described as tax relief for the middle class, but 68 percent went to the top i percent of taxpayers

Keynesian orthodoxy started from the assumption that capitalist markets would not really work unless capitalist governments were willing effectively to play nanny: most famously, by engaging in massive deficit "pump-priming" during downturns.

Todos los estados-nación modernos están construidos sobre la base del gasto deficitario. La deuda se ha erigido en tema central de la política internacional. Pero nadie parece saber exactamente qué es ni qué pensar de ella.

Ben Carson says his flat tax will be around 15 percent. And by God, if he ever shows you the details, you'll see how awesome and deficit-killing it is.

Higher taxes never reduce the deficit. Governments spend whatever they take in and then whatever they can get away with.

The government deficit is the difference between the amount of money the government spends and the amount it has the nerve to collect.

The massive debt we have racked up to finance our wasteful government is pulling down growth today. Gross debt over 90 percent of GDP weakens growth now. Not tomorrow - now.

I will fight for budget honesty and eliminating the deficit to reduce the transfer of debt to younger generations.

We have to honor our commitments to today's beneficiaries, but we can't solve the growing deficit and debt problems unless we are smart, courageous, and sensible in planning for future.

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When Mr. Obama entered office, he said all the right things about getting Washington spending under control. He even promised to cut the deficit in half by the end of his first term. Obviously, that didn't happen.