Quotes About Fiscal

As always, it would be important to ensure that any fiscal policy changes did not compromise long-run fiscal sustainability.

Fiscal policy will need to manage trade-offs between supporting demand, protecting social spending, and ensuring that public debt remains on a sustainable path, with the optimal mix depending on country-specific circumstances.

I think it's absolutely clear that the fiscal path we are on is not sustainable, and for me, the best analogy is these deficits are like a cancer, and over time they will destroy the country from within.

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.

We must ensure that more binding, durable, and enforceable fiscal rules go hand-in-hand with funding certainty for countries pursuing sound and sustainable economic policies. We need to keep pushing forward towards a comprehensive solution to the challenges of the eurozone.

For highly indebted governments, low interest rates are critical to keep debt levels sustainable and ease pressure to restructure debt and recapitalize banks. The shift to a high sovereign-debt-yield equilibrium would make it impossible to achieve fiscal balance.

A long-lasting and sustained recovery will never be achieved through massive government spending programs.

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

Restoring and maintaining a great nation's fiscal health will require not just sound arguments and an engaged public but something more. It will require an electoral system that encourages our representatives to place the long-term interests of the public ahead of parochial special interests.

The key architects of the nation's economic policy in the Clinton era (Greenspan, Rubin, and Summers) allowed the build-up of forces that would eventually blow the housing and banking industries sky-high. These forces were then multiplied by the reckless fiscal policy of the Bush Administration that enlarged the size of the national debt and set the stage for an economic train wreck.

We contend that for a nation to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle.

Aghion's conclusion is that we have to redesign fiscal systems so they distinguish clearly between the creation of value and the enjoyment of economic rents, even if, in practice, this distinction is not always easy to make.

In Greece, Italy and, to a lesser extent, France, unsustainable tax cuts and spending sprees added to households' estimates of their private wealth relative to their wage income.

Now, the president would like to do tax reform, which would obviously lower rates for most people in America and make the tax code fair and get rid of loopholes and special treatment. But absent tax reform, the president believes the right way to get our fiscal house in order is ask the wealthy to pay their fair share.

Many emerging countries are facing the same issue of overheating and inflation because they have been vigorously expanding fiscal and monetary policy to counter the 2008 shock.

In my political career, I'd like to see a constitutional balanced budget amendment.

In times of huge fiscal deficits, no new revenues can be ignored, and renouncing any becomes well nigh politically impossible.

Monetary discipline forces fiscal discipline on the politicians as well.

If the country's poorer, it's got less money.

Aging bodies are fiscal black holes into which you can pour endless amounts of money.

Our state has a balanced budget. We have to live within our means in the state of Wyoming. I was in the state senate. This country needs a balanced budget amendment to the Constitution.

It doesn't cost money to let people keep more of their own money. It costs money to spend money you don't have, but that's another issue.

The Republican Party once could lay claim to the mantle of being the fiscally responsible, or 'Daddy,' Party.

Biden and his partisan hacks have no plan to tackle America's spending addiction and get our fiscal house in order.