Top Deficit Spending Quotes

Browse top 15 famous quotes and sayings about Deficit Spending by most favorite authors.

Favorite Deficit Spending Quotes

1. "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."
Author: Brian Baird
2. "I believe we can and should have it all. Lower deficits but higher spending. More peace with a bigger military that goes off and kills terrorists and whatnot. A cleaner environment without forcing SUVs off the road."
Author: Craig Armstrong
3. "The reason Ronald Reagan gets slammed for having so badly exacerbated the problem of deficit spending is that he so plainly deserves it."
Author: Daniel Keys Moran
4. "We are in a bit of a policy box and it's going to require us being willing to give up one of the two, which is it's okay to take on more deficits but lets put in some massive spending. Alternatively to say, 'we're going to go through structural unemployment for a while because we want to address deficits.'"
Author: Indra Nooyi
5. "The deficit is the symptom, but spending is the disease."
Author: Jeb Hensarling
6. "Near-term deficits are temporary and manageable if - and only if - we keep spending in check, the tax burden low and the economy growing."
Author: Jim Nussle
7. "Barack Obama's life was so much simpler in 2009. Back then, he had refined the cold act of blaming others for the bad economy into an art form. Deficits? Blame Bush's tax cuts. Spending? Blame the wars in Iraq and Afghanistan. No business investment? Blame Wall Street."
Author: John Sununu
8. "If the U.S. Government was a company, the deficit would be $5 trillion because they would have to account by general accepted accounting principles. But actually they encourage government spending, reckless government spending, because the government can issue Treasury bills at extremely low interest rates."
Author: Marc Faber
9. "These are tough times for state governments. Huge deficits loom almost everywhere, from California to New York, from New Jersey to Texas.Wait—Texas? Wasn't Texas supposed to be thriving even as the rest of America suffered? Didn't its governor declare, during his re-election campaign, that 'we have billions in surplus'? Yes, it was, and yes, he did. But reality has now intruded, in the form of a deficit expected to run as high as $25 billion over the next two years.And that reality has implications for the nation as a whole. For Texas is where the modern conservative theory of budgeting—the belief that you should never raise taxes under any circumstances, that you can always balance the budget by cutting wasteful spending—has been implemented most completely. If the theory can't make it there, it can't make it anywhere."
Author: Paul Krugman
10. "Well, a deficit reflects an imbalance between spending and revenue, and so narrowing it requires acting on one, the other or both."
Author: Peter Orszag
11. "Yes, it is long past time we get serious about tackling the nation's ever-growing deficits. But the average American family drawn into serious debt cannot just threaten to stiff its creditors. It must cut its spending in the future, but also take responsibility for the debt incurred in the past."
Author: Peter Welch
12. "Deficits mean future tax increases, pure and simple. Deficit spending should be viewed as a tax on future generations, and politicians who create deficits should be exposed as tax hikers."
Author: Ron Paul
13. "Tax increases don't eliminate deficits they increase govt. spending."
Author: Ronald Reagan
14. "I don't think we'll solve the problem of the deficit until three things happen: We need more discipline on spending in Congress. We need a constitutional amendment requiring Congress to balance the budget. And we need to give our presidents a line-item veto."
Author: Ronald Reagan
15. "To reduce deficit spending and our enormous debt, you reign in spending. You cut the budget. You don't take more from the private sector and grow government with it. And that's exactly what Obama has in mind with this expiration of Bush tax cuts proposal of his."
Author: Sarah Palin

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