Quotes About America's Debt

#1. We need to understand as a nation that you can't forever expect somebody out there, whether it's China or somebody in England, to say, 'I will always take America's debt no matter what.'

Kenneth Langone

#2. The fact that we are here today to debate raising America's debt limit is a sign of leadership failure. America has a debt problem and a failure of leadership. Americans deserve better. I, therefore, intend to oppose the effort to increase America's debt.

Barack Obama

#3. Increasing America's debt weakens us domestically and internationally . Leadership means that 'the buck stops here.' Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership.

Barack Obama

#4. The more comprehensive and convincing a debt reduction program is, the less likely it is to fail. And remember, just as Germany is grateful to America for the Marshall Plan, Italy would be grateful to Germany for helping it lower its refinancing costs.

George Soros

#5. We still have a major problem in debt with America that we have to find efficiencies in government to get us back to a balanced budget.

James Lankford

#6. I think at the end of the day we have to raise the debt ceiling, because America pays its bills.

Terri Sewell

#7. President Obama's call for nearly a half-trillion dollars in more government stimulus when America has more than $14 trillion in debt is guided by his mistaken belief that we can spend our way to prosperity.

Rick Perry

#8. The reality for us in America is that we will never get out of debt with more than 15 million people out of work.

Debbie Stabenow

#9. I'm proud to acknowledge my debt to the 'Reverend Satchelmouth' ... He is the beginning and the end of music in America

Bing Crosby

#10. America needs education reform on all levels to expand quality schools, build on past successes, and lower college debt.

Kevin McCarthy

#11. The 1970s must be the years when America pays its debt to the past by reclaiming the purity of its air, its waters, and our living environment. It is literally now or never.

Richard M. Nixon

#12. There's nothing inappropriate about having debt in America. It's what helped us grow over time. And it's when debt gets out of control that you worry.

Warren Buffett

#13. None of the problems that caused the crises in Europe and America have been resolved. They have been delayed and expanded by more debt and more money printing and will lead to more and worse crises.

Bill Bonner

#14. It is my growing conviction that the Baptist churches in America are behind the age in missionary spirit. They now and then make a spasmodic effort to throw off a nightmare debt of some years' accumulation, and then sink back into unconscious repose.

Adoniram Judson

#15. The only way we will ever reduce the debt and balance the budget is if America beats Washington and tea party activists take over this process.

Matt Kibbe

#16. War has generally had grave and fateful consequences for the American monetary and financial system. We have seen that the Revolutionary War occasioned a mass of depreciated fiat paper, worthless Continentals, a huge public debt, and the beginnings of central banking in the Bank of North America.

Murray Rothbard

#17. Raising the debt ceiling is not additional spending. It is simply saying, you, the United States of America, can continue to borrow the money you need to pay the bills you have already rung up.

Jay Carney

#18. Civilizations rise and fall on confidence. America had figured out a way to borrow money to manufacture it.

Ron Suskind

#19. I really truly worry that the debt is one of the single biggest threat to the United States of America, that we're talking about a problem that is multi-trillion in its depth and I think we ought to be cutting more.

Jason Chaffetz

#20. The president says we need to raise the debt ceiling because America pays its bills. No if we paid our bills we wouldn't have all this debt. The reason we have to raise the debt ceiling is because we can't pay our bills and we have to borrow money because we don't have any money to pay our bills.

Peter Schiff

#21. What we are effectively doing, I say this to the young people of America whom my colleagues represent, is leaving our children and grandchildren the tab for fighting a war, letting them pay for the lion's share of it by simply adding it to the national debt.

John Spratt

#22. As the United States chains itself down with greater debt, China is building relationships across the globe to bolster its trade, its access to natural resources, and its energy consumption. In far too many cases, this means lost opportunities for America and our businesses.

Reince Priebus

#23. As the U.S. did during the Space Race, we must invest in our businesses and intellect to ensure America leads the clean energy economy of the future. As we all know, the best way to reduce our deficit and bring down our debt is by putting Americans back to work.

Paul Tonko

#24. More taxes, more regulation, more Washington domination, more debt. Those things are not the future for America. They will never work.

Jeff Sessions

#25. We've got to start worrying about America. And if we don't start dealing with the debt we have and the deficit spending we have in Washington, politics doesn't matter, because the American people do realize that they have to balance their budgets.

Marlin Stutzman

#26. I do not want America to default on its debt.

Jeb Hensarling

#27. Young people deserve stable employment opportunities and not mountains of debt. When young people can access the middle class, America is strengthened.

Patrick Murphy

#28. America's fighting men and women sacrifice much to ensure that our great nation stays free. We owe a debt of gratitude to the soldiers that have paid the ultimate price for this cause, as well as for those who are blessed enough to return from the battlefield unscathed.

Allen Boyd

#29. A society is always eager to cover misdeeds with a cloak of forgetfulness, but no society can fully repress an ugly past when the ravages persist into the present. America owes a debt of justice which it has only begun to pay.

Martin Luther King Jr.

#30. America has so much debt, if she were a person she'd need a co-signer to get a car loan.

Dov Davidoff

#31. The young patriots now returning from war in Iraq and Afghanistan and other deployments worldwide are joining the ranks of veterans to whom America owes an immense debt of gratitude.

Steve Buyer

#32. Every generation has an obligation to leave its children in a better position than it inherited. Our representatives in Washington are breaking faith with that covenant. America must reduce its federal spending and accumulation of debt for the sake of generations to come.

David Malpass

#33. In America, we tax work, investment, employment, savings, and production, while we subsidize non-work, consumption, and debt. It's time we reverse this trend.

Jack Kemp

#34. You know, Hoosiers recognize pork when we see it. And they recognize what bailing out every failing business in America means - We're burying generations under a mountain range of debt.

Mike Pence

#35. That the policies - from energy to labor policies, trade policies, government policies relating to debt and deficits are all aligning in such a way that America, far from being one of the places people are running from, is a place people are going to come to and add jobs.

Mitt Romney

#36. 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

#37. I'm suggesting that, until America takes care of its debt, untangles the housing mess and gets unemployment under control, we all commit to working six days a week. Yep, move the standard 35-40 hour work week right up to 48 hours.

Jason Calacanis

#38. Instead of explaining the sober facts of mechanics and electricity, I want to say a few words about the debt which we owe to youth; and with your permission I shall consider you as representing here not only the academic youth of Sweden nor even of Europe but also of America.

Felix Bloch

#39. I love America for its bourgeois comfort. If I was as heavily in debt as they are, I wouldn't be drinking tea or coffee anywhere. I would be sipping tap water from an old bottle and serving others tea or coffee in a cafe somewhere.

Vann Chow

#40. The build-up of personal and collective debt in America and Europe should have sent warning signals to anyone familiar with the biblical institutions of the Sabbatical and Jubilee years, created specifically because of the danger of people being trapped by debt.

Jonathan Sacks

#41. The United States has already passed on as the world's economic leader. Having flouted Thomas Jefferson for too long, America has succumbed to public debt, the 'fore horse for oppression and despotism,' after which 'taxation will follow, and in its train wretchedness and oppression.

Ilana Mercer

#42. You're nothing in America if you don't have debt.

Rita Mae Brown

#43. We want our children to live in an America that isn't burdened by debt, that isn't weakened by inequality, that isn't threatened by the destructive power of a warming planet.

Barack Obama

#44. I will never forget the debt we owe to those who have fought to keep America safe.

Tom Udall

#45. The amount of U.S. debt held by countries such as China and Japan is at a historic high, with foreign investors holding half of America's publicly held debt. This dependence raises the specter that other nations will be able to influence our policies in ways antithetical to American interests.

Evan Bayh

#46. Our debt to the heroic men and valiant women in the service of our country can never be repaid. They have earned our undying gratitude. America will never forget their sacrifices.

Harry S. Truman

#47. I owe a debt to America that I will never be able to repay.

Marco Rubio

#48. In the United States we have the great Harvard Business School, but America is the country with the greatest debt in the world.

Maharishi Mahesh Yogi