Quotes About Deficit

Maybe that first, gigantic deficit the Reaganites piled up was an accident, just a combination of deluded 'supply side' tax cuts and a huge bag of good stuff for the Pentagon. But pretty quickly conservatives discovered that deficits, when done correctly, did something really cool: deficits defunded the Left.

When Republicans used reconciliation in 2001 for the Bush tax cuts, they used it to increase the deficit. The whole purpose of reconciliation is for deficit reduction!

Tax reform shouldn't add one penny to our deficit or to the tax bills of middle-class Americans.

We want to make sure that tax reform doesn't increase the size of the deficit.

We have to change economic policy: create confidence, foster investment, cut the public deficit, restructure taxation and reform the labor laws.

I said we are going to balance an $11 billion budget deficit in a $29 billion budget, so by percentage, the largest budget deficit in America, by percentage, larger than California, larger than New York, larger than Illinois. And we're going to balance that without raising taxes on the people of the state of New Jersey.

If you raise taxes, it won't reduce the deficit. The other team will simply spend the resources.

The way to reduce the deficit is to create jobs and work opportunities so that people will have money with which to pay taxes.

Governing isn't as easy as you think. Many of you have taken pledges that are contradictory - to balance the budget and cut taxes, for example. You must be honest about the numbers, since our annual deficit now exceeds all discretionary spending combined.

We have to deal with two issues. Spending and taxes.

We had a $10 billion budget deficit when we got here in January of 2003. We cut that budget deficit; we did not raise taxes; we came back in '05, and we had an $8 billion surplus. That's how fast it can happen.

Canada is in budgetary deficit now only because of the recession, only because of stimulus measures, and we will come out of it. We will go back into surplus position when the economy recovers. So there is no need in Canada to raise taxes.

It's critical to show that we can meet our commitment to students with disabilities without raising taxes and without increasing the deficit. In the past, there's been strong support for full funding and I'm still hearing that from many of my colleagues.

The problem is government spends too much. So raising taxes is what politicians do, instead of reducing spending.

While the deficit and debt are serious problems, I oppose solving these problems by raising taxes.

While there are no easy solutions to this problem, the Deficit Reduction Act gets us started in the right direction by beginning with the most obvious, commonsense reforms to save taxpayer dollars.

Well you know I'm very supportive of what the Tea Party is trying to do. They're very concerned with spending, the deficit, the bailouts, you know all of those kinds of things. But I really think that the strength of the Tea Party is being a grassroots movement.

I certainly would not deny that the Tea Party, the issues that they have looked at are certainly important to me as well... debt and deficit and recognition of the Constitution.

Extending the Bush tax cuts will add $1.2 trillion to the nation's budget deficit in just two years.

would listen with growing outrage as hypocritical and obtuse American senators made all these demands of Iraqi legislators and yet themselves could not even pass budgets or appropriations bills, not to mention deal with tough challenges like the budget deficit, Social Security, and entitlement reform.

Among the deficiencies common to the Italian and the U.S. postal systems are: - inefficiency, and delays in deliveries - old-fashioned organization - low efficiency and low salaries of personnel - high frequency of strikes - very high operational deficit - Roberto Vacca, The Coming Dark Age

Whenever the debate moves on to hard numbers - our deficit with Europe, our surplus with the rest of the world, our Brussels budget contributions, the tiny part of our economy dependent on sales to the EU, the vast part subjected to EU regulation - Euro-enthusiasts quickly shift their ground and start harrumphing about influence.

The modern GOP has perfected this cyclical deficit outrage ritual. Republicans run up the tab when they control the White House, then scream about deficits when Democrats win - insisting that 'serious reform' means cutting only Democratic budget priorities.

Democrats were quick to point out that President Bush's budget creates a 1 trillion dollar deficit. The White House quickly responded with 'Hey, look over there, it's Saddam Hussein.'