Quotes About Deficit

History is replete with examples of moments in time when we talk about deficit reduction and try to advance on it around the world, that is, where it leads to job losses, not job creation.

Governments all around the world, and especially the United States, have spent money they do not have. How are they going to pay it back? By raising taxes. So while no one knows for certain whether taxes will go up or down, my bet here is they're going up.

Through America's ports and harbors flow billions of dollars of products made by others, and sold in America for consumption by Americans. In 2007 the trade deficit was $712 Billion dollars. That's almost three-quarters of a Trillion dollars. Of the total U.S. international waterborne trade, the United States imports approximately 76 percent of value of its total trade, and exports 24 percent.

the wake of September 11, George W. Bush's $2.13 trillion budget (which put the country $80 billion in the red) increased the Pentagon's annual account to $451 billion by 2007. This is more than the budgets

And so our goal on health care is, if we can get, instead of health care costs going up 6 percent a year, it's going up at the level of inflation, maybe just slightly above inflation, we've made huge progress. And by the way, that is the single most important thing we could do in terms of reducing our deficit. That's why we did it.

No party has a monopoly on wisdom. No democracy works without compromise. But when Governor Romney and his allies in Congress tell us we can somehow lower our deficit by spending trillions more on new tax breaks for the wealthy - well, you do the math. I refuse to go along with that. And as long as I'm President, I never will.

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.

When the country's indebtedness is so colossal and where the budget deficit is so huge, there is a moral obligation on people to pay their fair and reasonable dues.

So when folks talk about the deficit and leaving the deficit for our children, we will never get out of debt had this country until people get back to work, until they have good-paying jobs, and in between times, we will not move this economy forward until we are helping people be able to keep going in this recession.

I can clear a dinner table in less than 60 seconds, moaning like a dockyard Elijah about the deficit and the inevitable reckoning.

Because of President Obama's failed record on nearly every issue from the economy to the deficit to Medicare, the Obama campaign has become increasingly dirty, despicable, and desperate.

I think where I differ a little bit, we absolutely have to think about the deficit looking down the road. And certainly that's something the president has said that we need to, as the economy recovers, have a plan in place for getting it down.

In order to reduce the deficit, there has to be revenue in addition to cuts.

As the U.S. did during the Space Race, we must invest in our businesses and intellect to ensure America leads the clean energy economy of the future. As we all know, the best way to reduce our deficit and bring down our debt is by putting Americans back to work.

I do think our challenge is to balance credibility and a clear message about how we would reduce the deficit with boldness about the choices that we put before the public.

It's much more powerful to say I'm working to reduce spending, deal with our nation's deficit, push back on the federal government, and give specifics for that rather than just say, 'I'm a conservative.'

There are only two honest ways to reduce our debt: cut spending or raise revenues.

We can reduce our deficit, and do it in a much more balanced way than sequestration, simply by fixing our tax code to get rid of needless giveaways.

America must reduce its fiscal deficit, modernize its infrastructure, and improve its schools.

Not in the constitution, but I would propose a law to the French parliament that provides for reducing the budget deficit year by year, until we have reached a balanced budget by 2017.

Everybody has to agree that the best thing we can do to start reducing the deficit in this country is to put people back to work.

The single greatest force for deficit reduction is a growing economy.

I am a deficit hawk.

however much such loans may temporarily relieve the situation, the Government is still indebted for the amount of the surplus thus accrued, which it must ultimately pay, while its ability to pay is not strengthened, but weakened by a continued deficit.