#debt

Obama has been perhaps the most partisan President since Truman. He hasn't learned to be civil - note his insulting speech to Paul Ryan, who did us the courtesy of scoring a budget. The president has to talk to Republicans when it comes to the debt ceiling. He has reached the debt ceiling before anyone expected. ↗

— Grover Norquist

#been #before #budget #ceiling #civil

Britain is a textbook case of how growing inequality leads to economic crisis. The years before the crash were marked by a sharp rise in remortgaging and the growth of 0 percent balance transfer credit cards. By 2008 the UK had the highest ratio of household debt to GDP of any major economy. ↗

— Frances O'Grady

#balance #before #britain #cards #case

The fact that we are here today to debate raising America's debt limit is a sign of leadership failure. America has a debt problem and a failure of leadership. Americans deserve better. I, therefore, intend to oppose the effort to increase America's debt. ↗

— Barack Obama

#better #debate #debt #debt limit #deserve

I found this national debt, doubled, wrapped in a big bow waiting for me as I stepped into the Oval Office. ↗

— Barack Obama

#bow #debt #doubled #found #i

This country owes them all a debt of gratitude. The down payment on that debt is making sure that we live up to Lincoln's charge: to care for him who shall have borne the battle, and for his widow, and his orphan. ↗

— Dave Obey

#borne #care #charge #country #debt

Even if you were to fall into extreme financial hardship and file for bankruptcy, you need to understand that your student loan debt will not be discharged in bankruptcy. It is the Velcro of all debts. ↗

— Suze Orman

#debt #debts #discharged #even #extreme

The most important loan to pay is your student loan. It's more important than your mortgage, car and credit card payments. You cannot discharge student loan debt in the majority of cases. ↗

— Suze Orman

#car #card #cases #credit #credit card

It takes as much imagination to create debt as to create income. ↗

— Leonard Orr

#debt #imagination #income #much #takes

Everyone in our society has had to make a contribution towards dealing with the debts. ↗

— George Osborne

#dealing #debts #everyone #had #make

But the debt limit obviously is something that needs to and will be passed. That is not inconsistent with a process and a belief that we have to get significant deficit reduction. ↗

— David Plouffe

#debt #debt limit #deficit #deficit reduction #get