#deficit

We developed during the 1990s a series of budget process rules that helped us bring to heel these deficits, diminishing every year and moving the budget so into surplus. ↗

— John Spratt

#budget #deficits #developed #diminishing #during

We don't have a trillion-dollar debt because we haven't taxed enough; we have a trillion-dollar debt because we spend too much. ↗

— Ronald Reagan

#fiscal-policy #national-debt #political-philosophy #scope-of-government #political

It is past time for Republican leadership to answer for record deficits and reckless spending, both in Iraq and in the U.S. It's time for a plan to bring our troops home. ↗

— Sherrod Brown

#both #bring #deficits #home #iraq

The government deficit is the difference between the amount of money the government spends and the amount it has the nerve to collect. ↗

— Sam Ewing

#between #collect #deficit #difference #government

In the budget, the president will call for a five-year freeze on discretionary spending other than for national security. This will reduce the deficit by more than $400 billion over the next decade and bring this category of spending to the lowest share of our economy since Dwight Eisenhower was president. ↗

— Jacob Lew

#bring #budget #call #category #decade

History is replete with examples of moments in time when we talk about deficit reduction and try to advance on it around the world, that is, where it leads to job losses, not job creation. ↗

— Tavis Smiley

#advance #around #creation #deficit #deficit reduction

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

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

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

The only justification for repressive institutions is material and cultural deficit. But such institutions, at certain stages of history, perpetuate and produce such a deficit, and even threaten human survival. ↗

— Noam Chomsky

#cultural #deficit #even #history #human