#national debt

We can have tax cuts, but when we have tax cuts and do not have a surplus, the amount of the tax cut goes straight to the bottom line, adds to the deficit, and the deficit adds to the national debt, and sooner or later, the debt has to be paid. ↗

— John Spratt

#amount #bottom #bottom line #cut #cuts

The Citizen's Petition reflects Vermont's spirit of pragmatism and across-the-board cooperation. I applaud the 'Campaign to Fix the Debt' for calling attention to one of the country's most pressing problems, our ballooning national debt, and for urging policymakers to find practical solutions. ↗

— Peter Welch

#attention #calling #campaign #citizen #cooperation

On any measure, Spain's bank rescue has been a disaster. A hundred million euros have been added to the national debt, ten-year bonds are at a record high and the country's credit rating has been downgraded three notches. ↗

— Daniel Hannan

#any #bank #been #bonds #country

You remember had this gigantic clock in the arena showing the size of the national debt. And Paul told America, if you elect Republicans, we can fix that. But, if Paul Ryan was being honest, he would've pointed to the debt clock and said, we built that. ↗

— Chris Van Hollen

#arena #being #being honest #built #clock

A national debt, if it is not excessive, will be to us a national blessing. ↗

— Alexander Hamilton

#debt #excessive #national #national debt #us

What our Republican friends are doing, if we look at what they do and not what they say, they have decided that the most important thing in this country is to increase payments for interest on the national debt. ↗

— Tom Allen

#debt #decided #doing #friends #important

Mr. Obama denounced the $2.3 trillion added to the national debt on Mr. Bush's watch as "deficits as far as the eye can see." But Mr. Obama's budget adds $9.3 trillion to the debt over the next 10 years. What happened to Obama the deficit hawk? ↗

— Karl Rove

#adds #as far as #budget #bush #debt

Mr. Obama plans to boost federal spending 25 percent while nearly tripling the national debt over 10 years. Americans know that this kind of spending will have economic consequences, including new taxes being imposed by the new progressives. ↗

— Karl Rove

#boost #consequences #debt #economic #federal

Obviously, there has to be a profound change in direction. Otherwise, interest on the national debt will start eating up virtually every penny that we have. ↗

— Bobby Scott

#debt #direction #eating #every #interest