#deficit

I sincerely believe that banking establishments are more dangerous than standing armies, and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale. ↗

— Thomas Jefferson

#debt #deficit-spending #government #loans #political-science

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. ↗

— Brian Baird

#annual #balance #budget #combined #contradictory

For the last 4 years, our Federal Government has produced the four biggest deficits in history, and the estimated 2006 deficit of $423 billion is projected to be the largest of all. ↗

— Melissa Bean

#billion #deficit #deficits #estimated #federal

We are on pace this year to have a trade deficit that is larger than $800 billion. We have never faced that before, but we continue to put forward trade agreements like these that leave us naked to competition that is neither free nor fair. ↗

— Xavier Becerra

#before #billion #competition #continue #deficit

Deficits must be cut, yes, but the rush to austerity risks undermining the fragile global recovery. ↗

— Alistair Darling

#cut #deficits #fragile #global #must

What is the biggest public forum in the United States? We were told it's the Super Bowl. The ad shows kids working at blue-collar jobs, and the final statement is just written text: Who's going to pay for the trillion dollar deficit? ↗

— Joan Blades

#biggest #blue-collar #bowl #deficit #dollar

Unfortunately the Republican tax cut will deny important revenues to many states facing their own deficits. This will create greater pressure for higher state and local taxes. ↗

— Dick Durbin

#cut #deficits #deny #facing #greater

As the U.S. trade deficit, and the portion of that deficit attributed to China, continue to grow, our own economy is at risk of losing its reputation as a leader in world trade. ↗

— Jo Ann Emerson

#china #continue #deficit #economy #grow

With attention deficit democracy, I am trying to wake up people to how the combination of mass ignorance, fear mongering by the government, and lying politicians is putting our entire system of government to a death spiral. ↗

— James Bovard

#attention #attention deficit #combination #death #deficit

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. ↗

— Erskine Bowles

#analogy #best #cancer #clear #country