Quotes About Deficit Spending

#1. The party in power almost always unapologetically engages in deficit spending, while the other party argues passionately against the evils of debt and deficits.

Matt Taibbi

#2. 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

#3. 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

#4. If we do our deficit spending on weapons, at least we get weapons. Then if we need weapons, we have them. If we don't need them, no harm is done.

P. J. O'Rourke

#5. The reason Ronald Reagan gets slammed for having so badly exacerbated the problem of deficit spending is that he so plainly deserves it.

Daniel Keys Moran

#6. We can't have deficit spending in Texas. You have to balance your budget every two years.

Rick Perry

#7. I understand deficit spending. I was born in deficit spending.

Al Sharpton

#8. 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

#9. We now know that inflation results from all that deficit spending.

Ronald Reagan

#10. In almost every enterprise, government has provided business with opportunities for private gain at public expense. Government nurtures private capital accumulation through a process of subsidies, supports, and deficit spending and an increasingly inequitable tax system.

Michael Parenti

#11. We think we can't survive without deficit spending - but we soon won't be able to survive with deficit spending, either.

Tony Blankley

#12. 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

#13. 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

#14. 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

#15. Spending on the military doesn't increase the deficit.

Ronald Reagan

#16. 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

#17. the United States will need substantially more revenues to close the budget deficit, especially recognizing the need to increase federal spending in certain critical areas. I

Jeffrey D. Sachs

#18. Well you know I'm very supportive of what the Tea Party is trying to do. They're very concerned with spending, the deficit, the bailouts, you know all of those kinds of things. But I really think that the strength of the Tea Party is being a grassroots movement.

John Boozman

#19. When Mr. Obama entered office, he said all the right things about getting Washington spending under control. He even promised to cut the deficit in half by the end of his first term. Obviously, that didn't happen.

Pete Hegseth

#20. Well, a deficit reflects an imbalance between spending and revenue, and so narrowing it requires acting on one, the other or both.

Peter Orszag

#21. I want to cut - personally, I want to cut spending. Personally, I just don't believe we can continue to add to the deficit. So, actually, personally, I like the budget cap.

Jason Chaffetz

#22. If you're worried about the deficit, pay attention to the fact that it's almost all attributable to military spending and the totally dysfunctional health program.

Noam Chomsky

#23. But public works, economic protectionism, cheap money, 'deficit-financed government spending,' and 'the animal spirits of the spendthrift' in the service of boosting 'consumption demand' ... Doesn't Keynesianism simply appeal to the worst in human nature?

Ilana Mercer

#24. The folks celebrating Jim Bunning are seeing him as an anti-government, anti-spending activist. But to embrace Jim Bunning is to embrace a strange record, if you really are a libertarian, if you really are a deficit hawk, if you really care about spending and responsibility.

Rachel Maddow

#25. 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

#26. By restraining spending and by cutting the deficit, Republican policies are helping to keep our economy strong.

Dennis Hastert

#27. The important lesson of the deficit is - and the national debt - is we have to be careful about how we're spending money.

Joseph Stiglitz

#28. The sequestration is a bad idea, all around. It is something that is out of the question. If you have spending cuts, education of our children, other investments, on the National Institutes of Health, where you are hindering growth, you're no going to reduce the deficit.

Nancy Pelosi

#29. The deficit is the symptom, but spending is the disease.

Jeb Hensarling

#30. The problem with our deficit is not because Americans are taxed too little. The problem with the deficit is because Washington spends too much money. We have got to stop spending money we don't have.

Paul Ryan

#31. Mr. Obama's choices show how fundamentally unserious he is about deficit reduction and spending restraint.

Monica Crowley

#32. 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

#33. I think growing an economy is a good way to help with a deficit, but ultimately, it's about fiscal discipline and responsible spending - and smart decisions.

Justin Trudeau

#34. 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

#35. When this president was sworn into office, he was handed a deficit of over a trillion dollars. Republicans were in control of Congress for much of the time that President George W. Bush was in office, and they didn't do a great job of controlling spending.

Jay Carney

#36. Democrats have always wanted to grow government with revenues from our society's producers. They aren't sincere about reducing the deficit, because they will not abandon their addiction to spending other people's money.

David Limbaugh

#37. I don't think we'll solve the problem of the deficit until three things happen: We need more discipline on spending in Congress. We need a constitutional amendment requiring Congress to balance the budget. And we need to give our presidents a line-item veto.

Ronald Reagan

#38. 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

#39. I sincerely believe that banking establishments are more dangerous than standing armies, and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.

Thomas Jefferson

#40. 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