#debt

President Obama has offered a plan with 4 trillion dollars in debt reduction over a decade, with two and a half dollars of spending reductions for every one dollar of revenue increases, and tight controls on future spending. It's the kind of balanced approach proposed by the bipartisan Simpson-Bowles commission. ↗

— William J. Clinton

#balanced #bipartisan #commission #controls #debt

I think we ought to ban earmarks. I think we ought to give citizens the opportunity to designate up to 10 percent of their federal income tax toward debt reduction. If we did that, we would reduce our debt by $95 billion a year. ↗

— Carly Fiorina

#billion #citizens #debt #designate #did

Refinancing doesn't reduce your debt, it just restructures it, so be clear about what you want to achieve with a refi. ↗

— Barbara Corcoran

#achieve #clear #debt #just #reduce

Let me tell you the story about Massachusetts under Governor Romney. It did fall to 47th out of 50 in jobs creation. Wages went down when they were going up in the rest of the country. He left his successor with debt and a deficit, and manufacturing jobs left that state at twice the rate as the rest of the country. ↗

— Stephanie Cutter

#country #creation #debt #deficit #did

A sagging economy, a soaring national debt, and an increasingly restive Congress pushed Obama to order troop reductions that are both deeper and faster than recommended by his military commanders. ↗

— Ron Fournier

#commanders #congress #debt #deeper #economy

Washington's answer to a self-inflicted financial crisis reminded Americans why they so deeply distrust the political class. The 'fiscal cliff' process was secretive and sloppy, and the nation's so-called leadership lacked the political courage to address our root problems: joblessness and debt. ↗

— Ron Fournier

#answer #class #cliff #courage #crisis

Today we have access to highly advanced technologies. But our social and economic system has not kept up with our technological capabilities that could easily create a world of abundance, free of servitude and debt. ↗

— Jacque Fresco

#access #advanced #capabilities #could #create

If you look internationally over the last 50 years there have been improvements in the third world, but in the last 20 years the reverse has happened, with debt crises and increased poverty. ↗

— David Korten

#crises #debt #happened #improvements #increased

You cannot spend your way out of recession or borrow your way out of debt. ↗

— Daniel Hannan

#borrow #cannot #debt #out #recession

The truth, Prime Minister, is that you have run out of our money. The country as a whole is now in negative equity. Every British child is born owing around 20,000 pounds. Servicing the interest on that debt is going to cost more than educating the child. ↗

— Daniel Hannan

#born #british #child #cost #country