120 Budget Deficit Quotes
Following is our list of budget deficit quotations and slogans full of insightful wisdom and perspective about what is deficit budget.
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Famous Budget Deficit Quotes
Governments harangue about deficits to get more revenue so they can spend more. — Allan H. Meltzer
We think we can't survive without deficit spending - but we soon won't be able to survive with deficit spending, either. — Tony Blankley
Christmas is the time when kids tell Santa what they want and adults pay for it. Deficits are when adults tell government what they want and their kids pay for it. — Richard Lamm
A government debt is a government claim against personal income and private property - an unpaid tax bill. — Hans F. Sennholz
You cannot cut your way to deficit reduction. — Nancy Pelosi
The budget should be balanced not by more taxes, but by reduction of follies. — Herbert Hoover
We need to stop spending money we don't have. — Paul Ryan
We're on the verge of a financial collapse unless we balance the budget, and that means some really, really tough decisions. — Gary Johnson
Thanks to decades of accumulated federal budget deficits and, more significantly, imprudent Medicare and Social Security policies, we've stolen almost $60 trillion from our children. — Steven Rattner
Balanced budget requirements seem more likely to produce accounting ingenuity than genuinely balanced budgets. — Thomas Sowell
The insane pursuit of the holy grail of a balanced budget in the end is going to drive the economy into a depression. — William Vickrey
It's a shame that we have to use whatever leverage we have in Congress to get the president to deal with the biggest problem confronting our future. And that's our excessive spending. — Mitch McConnell
There will be a fiscal adjustment of 5 points of GDP that will fall on the public sector. — Javier Milei
A national debt, if it is not excessive, will be to us a national blessing. — Alexander Hamilton
The public understands that the government is broke, but many still don't want to cut programs they enjoy or depend on. — Tucker Carlson
Short Budget Deficit Quotes
- The problem is not that people are taxed too little, the problem is that government spends too much. — Ronald Reagan
- There's a danger our fiscal bankruptcy might overtake our moral bankruptcy. — Mort Sahl
- The boom, not the slump, is the right time for austerity at the Treasury. — John Maynard Keynes
- Budget consolidation and economic growth are two sides of the same coin. — Angela Merkel
- You cannot spend your way out of recession or borrow your way out of debt. — Daniel Hannan
- If you want another world war, run up unsustainable debts. — Tucker Carlson
Budget Deficit Image Quotes
The Budget Deficit Quotes
Conservatives were brought up to hate deficits and justifiably so. We've long thought there are two things in Washington that are unbalanced - the budget and the liberals. — Ronald Reagan
There's a stability and growth pact which was agreed for the eleven countries which tries to limit the size of budget deficits among the eleven countries. — Robert C. Solomon
At times of recession, running a budget deficit is highly desirable. Once the economy begins to recover, you have to balance the budget. But it will also need additional revenues. Should the government not receive them, we will all get punished with higher interest rates. — George Soros
Democrats were quick to point out that President Bush's budget creates a 1 trillion dollar deficit. The White House quickly responded with 'Hey, look over there, it's Saddam Hussein.' — Craig Kilborn
Budget cuts if you're not rich, tax cuts if you are. Less money for those who don't have any and more to those who do. That's how President Fredo says we're going to get out of the giant deficit hole he's dug. You can't put it any more simply. Rich people richer. Poor people poorer. — Will Durst
American's greatest deficit is no longer found in the federal budget. It is a moral deficit, and it may be found in a polluted and poisoned culture that has become the great enemy within. — Pat Buchanan
To reduce deficit spending and our enormous debt, you reign in spending. You cut the budget. You don't take more from the private sector and grow government with it. And that's exactly what Obama has in mind with this expiration of Bush tax cuts proposal of his. — Sarah Palin
Which European leader today would not relish the wonder-working powers of a Moses? Budget deficit? Unpopular cuts? How about just a little miracle, an overnight increase in gold reserves, a new oil field, or the next world-changing communications technology? Surely that's not too much to ask. — Jonathan Sacks
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
What we're discussing privately and publicly, is a budget which is a blueprint for the future which creates jobs, which educates our children, which provides healthcare for all Americans, which takes our deficit down, which gives a tax cut for 95% of the American people. — Nancy Pelosi
What Is Deficit Budget Quotes
Well, I think what we need to remember is that budget deficits can impede economic activity. — Peter Orszag
Why am I interested in deficits? The only way you balance the budget in this country long-term is through sustained economic growth. And that's what everything we are doing in this administration is aimed at that end goal. — Mick Mulvaney
Well, I think what we need to remember is that budget deficits can impede economic activity. — Peter R. Orszag
Yes, the deficit doctors have their scalpels out all right, but they're not poised over the budget. That's as fat as ever and getting fatter. What they're ready to operate on is your wallet. — Ronald Reagan
Deficit Quotes
It’s all about falling in love with yourself and sharing that love with someone who appreciates you, rather than looking for love to compensate for a self love deficit. — Eartha Kitt
America faces serious challenges. A broken economy, terrorism, gaping trade deficits… intolerance should be added to that list. I’m confident that my father-in-law will be successful tackling these challenges. — Jared Kushner
French economist Jacques Reuff coined the phrase “deficit without tears to describe the new economic reality that the United States inhabited, where it could purchase whatever it wanted from the world and finance it through debt monetized by inflating the currency that the entire world used. — Saifedean Ammous
Trickle down economics is a fraud. Giving tax breaks to the rich and large corporations does not create jobs. It simply makes the rich richer, enlarges the deficit and increases income and wealth inequality. We need economic policies which benefit working families, not the billionaire class. — Bernie Sanders
If a government resorts to inflation, that is, creates money in order to cover its budget deficits or expands credit in order to stimulate business, then no power on earth, no gimmick, device, trick or even indexation can prevent its economic consequences. — Henry Hazlitt
The way my brain processes information is quite odd. I mean, I have Attention Deficit Disorder and another learning disability I can't even spell. I don't even have a high school diploma. I'm smart, but you can't prove it on paper. — Ron White
My advice for Sebastian Kehl is: if you have a 35-point deficit in the league, it is better to shut up. — Pep Guardiola
ADHD and ADD might not be attention deficits but rather attention overload disorders, where too many thoughts pile up due to slow breakdown of neurotransmitters. — Gary Brecka
Brain tumor survivors: don't become hopelessly discouraged if you are experiencing deficits. You in a war and you are bound to have a few battle wounds. — Rachel Grady
Attention-deficit disorders seem to abound in modern society, and we don't know the cause. — Marilyn vos Savant
Deficit Spending Quotes
I'm finding myself really angry over spending and the deficit. I'm finding myself really angry over what's happening in the Middle East, the decision to stay in Afghanistan indefinitely. I'm angry about cap and trade. And I've been on record for a long time on the failed war on drugs. — Gary Johnson
Deficits mean future tax increases, pure and simple. Deficit spending should be viewed as a tax on future generations, and politicians who create deficits should be exposed as tax hikers. — Ron Paul
Deficit spending is simply a scheme for the 'hidden' confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. — Alan Greenspan
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
We don't need more politicians insisting we have deficits because you're not taxed enough. Those deficits ballooned from an economy that didn't grow enough and from 50 years of government spending too much. — Ronald Reagan
Governments don't reduce deficits by raising taxes on the people; governments reduce deficits by controlling spending and stimulating new wealth. — Ronald Reagan
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
The goal is to reduce the size and scope of government spending, not to focus on the deficit. The deficit is the symptom of the disease. — Grover Norquist
Deficit spending is simply a scheme for the confiscation of wealth. — Alan Greenspan
The debt and the deficit is just getting out of control, and the administration is still pumping through billions upon trillions of new spending. That does not grow the economy. — Paul Ryan
Government Budget Quotes
If congress refuses to obey its own rules. If congress refuses to pass a balanced budget. If congress refuses to read the Bills. Then I say, sweep the place clean, limit their terms, and send them HOME! — Rand Paul
There is no real justification for a requirement that a budget of any sort should be balanced, except as a rallying point for those who seek to hamstring government. — William Vickrey
Ed Balls has made it crystal clear that, left to its own devices, a Labour government would simply carry on with the same budget policies as the Tories. — Nicola Sturgeon
It’s not about the budget; it’s about the power...So will the attack on unions succeed? I don’t know. But anyone who cares about retaining government of the people by the people should hope that it doesn’t. — Paul Krugman
When a business or an individual spends more than it makes, it goes bankrupt. When government does it, it sends you the bill. And when government does it for 40 years, the bill comes in two ways: higher taxes and inflation. Make no mistake about it, inflation is a tax and not by accident. — Ronald Reagan
The multiplication of public offices, increase of expense beyond income, growth and entailment of a public debt are indications soliciting the employment of the pruning knife. — Thomas Jefferson
A tax cut means higher family income and higher business profits and a balanced federal budget. — John F. Kennedy
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
Economics and finance is the final frontier for women; it’s the last thing they will conquer because controlling finance is at the heart of everything in government. — Liz Truss
The government can access these funds but only following approval by the parliament to support our budget requirements and investments in infrastructure development, education, public health, and so on. — Jose Ramos-Horta
Balanced Budget Quotes
The budget should be balanced, the treasury refilled, public debt reduced, the arrogance of officialdom tempered and controlled, and the assistance to foreign lands curtailed, lest Rome become bankrupt. — Marcus Tullius Cicero
It's all right to agree or disagree on the balanced budget amendment. It's all right to talk about how we're going to appropriate. — Sheila Jackson Lee
Balance the federal budget now, not 15 years from now, not 20 years from now, but now. And throw out the entire federal tax system, replace it with a fair tax, a consumption tax, that by all measurements is just that. It's fair. — Gary Johnson
In my home state of Indiana we prove every day that you can build a growing economy on balanced budgets, low taxes. — Mike Pence
The balancing of the budget will not in itself place a teaspoonful of milk in a hungry baby's stomach, or remove the rags from its mother's back. — Sayings
My views on everything from welfare to a balanced budget to affirmative action can be traced to what Buddy and Helen Watts taught me as a young boy growing up poor but proud in Eufaula. — J. C. Watts
Has anyone stopped to consider that we might come closer to balancing the budget if all of us simply tried to live up to the Ten Commandments and the Golden Rule? — Ronald Reagan
Our balanced budget has an important psychological function. It is a signal that we can't continue to constantly take on debt. — Wolfgang Schauble
Bourgeois society is infected by monomania: the monomania of accounting. For it, the only thing that has value is what can be counted in francs and centimes. It never hesitates to sacrifice human life to figures which look well on paper, such as national budgets or industrial balance sheets. — Simone Weil
If we cannot return to fiscal integrity because the public prefers profusion and prodigality over balanced budgets, we cannot escape paying the price, which is ever lower incomes and standards of living for all. — Hans F. Sennholz
People Writing About Budget Deficit
| Name | Quotes | Likes |
|---|---|---|
_(cropped).jpg) Tucker Carlson |
210 | 294 |
 Tony Blankley |
10 | 42 |
 Richard Lamm |
23 | 118 |
 Hans F. Sennholz |
47 | 215 |
 Nancy Pelosi |
186 | 2171 |
 Herbert Hoover |
222 | 1650 |
More Budget Deficit Quotes
Pennsylvania is facing challenging economic times, a multi-billion dollar budget deficit, and negative cash flow projections. My Budget Deficit and Fiscal Stabilization Task Force will get to work to determine the scope of the challenges facing Pennsylvania and begin to discuss how we can get Pennsylvania's fiscal house in order. — Tom Wolf
It is a paradoxical truth that tax rates are too high and tax revenues are too low and the soundest way to raise the revenues in the long run is to cut the rates now Cutting taxes now is not to incur a budget deficit, but to achieve the more prosperous, expanding economy which can bring a budget surplus. — John F. Kennedy
If you took every single penny that Warren Buffett has, it'd pay for 4-1/2 days of the US government. This tax-the-rich won't work. The problem here is the government is way bigger than even the capacity of the rich to sustain it. The Buffett Rule would raise $3.2 billion a year, and take 514 years just to pay off Obama's 2011 budget deficit. — Mark Steyn
Deficits do not in themselves produce inflation, nor does a balanced budget assure a stable price level. — William Vickrey
I said we are going to balance an $11 billion budget deficit in a $29 billion budget, so by percentage, the largest budget deficit in America, by percentage, larger than California, larger than New York, larger than Illinois. And we're going to balance that without raising taxes on the people of the state of New Jersey. — Chris Christie
We had a $10 billion budget deficit when we got here in January of 2003. We cut that budget deficit; we did not raise taxes; we came back in '05, and we had an $8 billion surplus. That's how fast it can happen. — Rick Perry
If there's a severe recession, the automatic stabilizers will come into effect, and we will still try to reduce the structural deficit, but we will not try to keep cutting the budget so that we keep worsening a severe recession. — Franklin Raines
The federal budget deficit is the biggest single impediment to revitalizing the American economy. — Alice Rivlin
The United States has a huge budget deficit so taxes are going to have to go up and I certainly agree they should go up more on the rich than everyone else. That - that's just justice. — Bill Gates
The American people want a balanced budget. They want Congress to stop this barbaric practice of perpetual deficit spending. It really, if you think about it, is a form of taxation without representation. We fought a war over that issue and we won that war. — Mike Lee
I served at a time when we had a strong economy, when we had deficits that we would die for today. I was able to propose a balanced budget, not over ten years, but over five years. I'm proud of that record. — Rob Portman
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
The only way America can reduce the long-term budget deficit, maintain vital services, protect Social Security and Medicare, invest more in education and infrastructure, and not raise taxes on the working middle class is by raising taxes on the super rich. — Robert Reich
Europe is right to tell us to reduce this [France's budget] deficit and spend less. Europe is right to demand this of us but cannot at the same time demand us to increase our dues. — Nicolas Sarkozy
Fourth, to assure every entrepreneur and every job creator that their investments in America will not vanish as have those in Greece, we will cut the deficit and put America on track to a balanced budget. — Mitt Romney
When I introduced my economic plan for the first time, people had mixed views because it's the largest cut in the history of Israeli budgets. We have a big deficit caused by the fact that the former government took upon itself too many obligations. — Yair Lapid
A hundred welfare programs, spending more and more billions, lead to chronic budget deficits, which lead to increased paper-money issues, which lead to higher prices. — Henry Hazlitt
The poor have been sent to the front lines of a federal budget deficit reduction war that few other groups were drafted to fight. — Marian Wright Edelman
Yes, deficits are a problem. I've been saying so for more than a quarter of a century now. But the problem is not the size of the deficit, it's the size of government's claim on our economy. — Ronald Reagan
We are committed to achieving the fiscal deficit target announced in the budget. — Narendra Modi
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
We can't have deficit spending in Texas. You have to balance your budget every two years. — Rick Perry
Our priority must be to build a path towards balancing the budget, and we cannot tolerate growing deficits. — Michael Crapo
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
In a time of serious budget deficits, immense war costs and a sluggish economy, we cannot afford to grant such outlandish subsidies to some of our Nation's largest corporations. — Ron Kind
For one thing, one of the wonderful things that we now have is instead of the huge budget surpluses that President Clinton left us with, we now have these huge deficits that we're going to be facing into the future. — Geraldine Ferraro
Reconciliation is a special budget procedure to change entitlement and tax laws. It cannot be filibustered and requires only a simple majority in the Senate to be passed. It is primarily intended for deficit and mandatory spending reduction. — Jeff Miller
Budget deficits are not caused by wild-eyed spenders, but by slow economic growth and periodic recessions. And any new recession would break all deficit records. In short, it is a paradoxical truth that tax rates are too high today and tax revenues are too low, and the soundest way to raise the revenues in the long run is to cut the rates now. — John F. Kennedy
Our true choice is not between tax reduction on the one hand and the avoidance of large federal deficits on the other. It is increasingly clear that no matter what party is in power, so long as our national security needs keep rising, an economy hampered by restrictive tax rates will never produce enough revenues to balance our budget, just as it will never produce enough jobs or enough profits. — John F. Kennedy
ObamaCare is a massive budget buster, that it is creating massive deficits in the future. And I really believe it's going to destroy the health care plan, the health care system in America. — Paul Ryan
Income is sucked upward to the creditors, who then foreclose on the assets of debtors. This shrinks tax revenue, forcing public budgets into deficit. And when governments are indebted, they becomemore subject to pressure to privatization of public enterprise. — Michael Hudson
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