#government spending

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

If you look at the studies coming out of the Congressional Budget Office, the number one thing that's going to blow a hole in the deficit as we go forward 20, 30 years is government spending on healthcare. ↗

— Christina Romer

#budget #coming #congressional #deficit #forward

What I'm not saying is that all government spending is bad. It's not - far, far from it, but there is no free lunch, as a former colleague of mine used to say. There is no public tooth fairy. Father Christmas does not work on the Treasury staff this year. You can never bail someone out of trouble without putting someone else into trouble. ↗

— Arthur Laffer

#bail #christmas #colleague #does #else

Government spending is taxation. When you look at this, I've never heard of a poor person spending himself into prosperity; let alone I've never heard of a poor person taxing himself into prosperity. ↗

— Arthur Laffer

#government #government spending #heard #himself #i

Government is taking 40 percent of the GDP. And that's at the state, local and federal level. President Obama has taken government spending at the federal level from 20 percent to 25 percent. Look, at some point, you cease being a free economy, and you become a government economy. And we've got to stop that. ↗

— Mitt Romney

#being #cease #economy #federal #federal level

Government spending is being restrained, the economy is making progress and moving forward, and the pro-growth, tax cutting policies put in place have allowed businesses to grow, which has brought in additional tax revenue to help pay off the debt. ↗

— Bill Shuster

#allowed #being #brought #businesses #cutting

The real goal should be reduced government spending, rather than balanced budgets achieved by ever rising tax rates to cover ever rising spending. ↗

— Thomas Sowell

#balanced #budgets #cover #ever #goal