#national debt

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

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

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

A sagging economy, a soaring national debt, and an increasingly restive Congress pushed Obama to order troop reductions that are both deeper and faster than recommended by his military commanders. ↗

— Ron Fournier

#commanders #congress #debt #deeper #economy

When I was a youngster growing up in South Dakota, we never referred to the national debt, it was always referred to as the war debt because it stemmed from World War I. ↗

— George McGovern

#because #dakota #debt #growing #growing up

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

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

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