Quotes About Deficit

The biggest problem with the deficit is programs that are unconstitutional and wasteful.

What's hurting the U.S. economy is total government spending. The deficit is an indicator that the government is spending so much money that it can't even get around to stealing all of the money that it wants to spend. But the tip of the iceberg is not what hit the Titanic - it was the 90 percent of the iceberg under water.

There are only three ways to meet the unpaid bills of a nation. The first is taxation. The second is repudiation. The third is inflation.

We cannot collect enough taxes to catch up with spending. Do I know a solution? Not really. Do your politicians know a solution? Does our commander-in-chief offer a solution? Absolutely not.

We cannot solve the deficit crisis on the back of our seniors. We need all Americans to pay their fair share.

We cannot continue to blow up the federal deficit and place our children and grandchildren in greater debt to countries like China.

The deficit crisis is real and must be addressed. But it cannot be solved on the backs of the weak and vulnerable.

A lot of our fiscal deficit went to fund consumption and really did not get used to build investment and infrastructure. The trouble is, you can get a spurt in GDP growth, which may not be sustainable. I would much rather build the gradient of a long-term marathon.

The unjustified swelling of the budgetary deficit and the accumulation of public debts are just as destructive as adventurous stock-jobbing.

In point of fact, 'Simpson-Bowles' has become a symbol, or SimBowl, rather than an actual plan, political shorthand for the process of long-term deficit reduction.

The goal is to reduce the size and scope of government spending, not to focus on the deficit. The deficit is the symptom of the disease.

The deficit is the symptom, but spending is the disease.

Reagan kept saying the deficit was Public Enemy Number One. But then he sent up a budget that would have pumped red ink up over the window sills.

The party in power almost always unapologetically engages in deficit spending, while the other party argues passionately against the evils of debt and deficits.

He lacked any musicality, for example; that was a disappointment. He lacked a kind of easy friendliness he could see in other people. Finally, and especially after the accident, he lacked a sense of fully inhabiting his own life, as if he were still, somehow, tumbling through that tumbling air. On it swirled around him as he struggled to right himself, and sometimes fought a powerful urge for it to simply stop. That was the biggest deficit of all. That impacted everything.

The body responds to a calorie deficit by slowing down the metabolism and burning muscle tissue. That leads to weakness, sluggishness, slow times. In girls, it can also result in cessation of menstrual periods, which in turn leads to loss of bone density and frequent stress fractures.

Congress had the opportunity to extend tax relief to working families without increasing the deficit. Instead, we were handed a bill that favors the wealthy and eliminates deductions that benefit the middle class.

Our platform calls for a balanced deficit reduction plan where the wealthy pay their fair share. And when your country is in a costly war, with our soldiers sacrificing abroad and our nation facing a debt crisis at home, being asked to pay your fair share isn't class warfare - it's patriotism.

Tax rates for the wealthy should revert to Clinton-era levels, both because it is necessary for long-term deficit reduction and because fairness dictates it. Moreover, there is no proof that higher marginal rates dissuade investment, all the rhetoric from the Right notwithstanding.

In 1993, as House Democratic Leader, I led the fight to pass the Clinton-Gore economic plan - a plan designed to slash the deficit, invest in education, cut taxes for working families, and ask the wealthy among us to pay their fair share... Not one Republican voted for that plan. They said it was a job killer.

It is like our foreign policy has attention deficit disorder.

Cutting the deficit by gutting our investments in innovation and education is like lightening an overloaded airplane by removing its engine. It may make you feel like you're flying high at first, but it won't take long before you feel the impact.

Well, I think that California has had a history of always spending more money than it takes in.

In addition to myself and a number of others, President Clinton talked about the deficit and the debt issue. And he pointed out, really, what I pointed out, which is that when he left office, we actually had projected surpluses for a long period of time, because when he put together his economic plan, he did it in a balanced way.