#debt

Every American born today owes $43,000 to the federal government the day she or he is born. And we are transferring a tremendous amount of debt to the new generation, much of it owed to overseas creditors who expect to be repaid by our children with interest. ↗

— Mark Kirk

#amount #born #children #creditors #day

I've got a chart here that shows our debt-to-GDP ratio. And while we did run deficits in the past, we now number our debt in trillions rather than in billions. And I think that represents a long-term danger, especially to the, the American dream. ↗

— Mark Kirk

#american dream #billions #chart #danger #debt

Debt is one person's liability, but another person's asset. ↗

— Paul Krugman

#asset #debt #liability #person

We owe the Aboriginal peoples a debt that is four centuries old. It is their turn to become full partners in developing an even greater Canada. And the reconciliation required may be less a matter of legal texts than of attitudes of the heart. ↗

— Romeo LeBlanc

#attitudes #become #canada #centuries #debt

Look, half the men who signed the Declaration of Independence were either in debt or bankrupt. The remaining half, most of them lost all their possessions. The only reason Monticello didn't get burned to the ground was that the British patrol missed the road. ↗

— Eric Massa

#british #burned #debt #declaration #either

I would be embarrassed to tell you how many folks ran saying that they weren't going to spend a bunch of money, they weren't going to raise the debt ceiling, and then they went to Washington, D.C., and did exactly that. ↗

— Mick Mulvaney

#ceiling #debt #debt ceiling #did #embarrassed

You cannot tackle Britain's debts without tackling the unreformed welfare system. ↗

— George Osborne

#cannot #debts #system #tackle #tackling

Education: A debt due from present to future generations. ↗

— George Peabody

#due #education #future #future generations #generations

The budget should be balanced, the treasury should be refilled, the public debt should be reduced and the arrogance of public officials should be controlled. ↗

— Ross Perot

#balanced #budget #controlled #debt #officials

I think that when we look out with our underfunded liabilities and our national debt over $14 trillion, I think if we are part of that movement to get our government spending under control, I think that would be a tremendous legacy to leave. ↗

— Ben Quayle

#debt #get #government #government spending #i