Quotes About Spending Cuts

#1. I do not intend to dispute in any way the need for defence cuts and the need for government spending cuts in general. I do not share a not in my backyard approach to government spending reductions.

Stephen Harper

#2. If you could bring to me a majority of people to say that we're going to have $10 of spending cuts for $1 of revenue enhancement, put me in, coach.

Jeb Bush

#3. Much fiscal policy is implemented, not through spending increases, but through tax credits and other so-called tax expenditures. The markets should respond to them as they do spending cuts, with little contraction in economic activity.

Alan Greenspan

#4. Look, I am not worried about Washington cutting too much spending too fast. I mean, the kinds of spending cuts we're talking about just right now are $100 billion out of a $3.7 trillion budget.

Paul Ryan

#5. Under current law, on January 1st, 2013, there is going to be a massive fiscal cliff of large spending cuts and tax increases.

Ben Bernanke

#6. We have to have structural entitlement reform, major spending cuts and not tax increase-retardants on economic growth to reverse our current course toward national bankruptcy, but Obama steadfastly remains on the wrong side of all these solutions.

David Limbaugh

#7. If, before 2020, there is a choice between further spending cuts, more borrowing and tax rises, the priority must be to avoid tax increases. They would disrupt consumption, employment and investment.

Theresa May

#8. I will veto any effort to get rid of those automatic spending cuts to domestic and defense spending. There will be no easy off ramps on this one.

Barack Obama

#9. You've got to either say you're going to cut taxes and find some spending cuts. I think we ought to reform long-term entitlement spending in the country, but you can't out of one side of your mouth say, 'Yes, we're for tax cuts, we're for spending discipline, and we're for bringing down the debt.'

Harold Ford Jr.

#10. You can only win the 'war' with ideas, not with spending cuts

Klaus Kleinfeld

#11. 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

#12. It appears that no one is so unfortunate that he or she is exempt from spending cuts, while at the same time no one is so fortunate as to be ineligible for a tax cut

Jonathan Schell

#13. Historically, defense spending cuts have preceded increased international turmoil as America's global enemies sense a failure of will.

Ben Shapiro

#14. We must take away the government's credit card. With limits on both tax revenue and borrowing, the Federal government would finally be forced to get serious about spending cuts.

Alan Keyes

#15. Well, you have the public not wanting any new spending, you have the Republicans not wanting any new taxes, you have the Democrats not wanting any new spending cuts, you have the markets not wanting any new borrowing, and you have the economists wanting all of the above. And that leads to paralysis.

Michael Bloomberg

#16. The President is destroying the fabric of America with a combined policy of war, tax cuts for the wealthy, and reductions in spending for domestic needs.

Charles B. Rangel

#17. If every country committed to spending 0.05 per cent of GDP on researching non-carbon-emitting energy technologies, that would cost $25 billion a year, and it would do a lot more than massive carbon cuts to fight warming and save lives.

Bjorn Lomborg

#18. Even with not having a balanced budget at this time, I support tax cuts. That will help limit spending.

Steve Chabot

#19. It's wasteful spending like this that not only forces tax increases and cuts in vital services ... but also really make you wonder: who is City Hall looking out for?

Laura Miller

#20. My Republican colleagues say, Let's do the cuts first. The Democrats say, Let's do spending first. I'd like to do both simultaneously.

Scott Rigell

#21. The stimulus legislation, technically known as the American Recovery and Reinvestment Act of 2009, was a mixture of tax cuts for families and businesses; increased transfer payments, like unemployment insurance; and increased direct government spending, like infrastructure investment.

Christina Romer

#22. Debt is not caused by spending, it is caused by buying things that you don't pay for. Or, it's caused by cutting revenues that you don't offset ... by cuts in spending.

Steny Hoyer

#23. And I have to tell you as a grandmother, I worry about the fact that my grandchildren are going to be paying for all the spending, including military spending, that has gone on and the tax cuts that have come through.

Geraldine Ferraro

#24. Interest rate cuts have an effect in stimulating an economy by directly or indirectly making someone, somewhere, spend more than they otherwise would. That extra spending increases demand and ensures that we all carry on with work to do, without us having to slash our prices or our wrists.

Evan Davis

#25. I don't think Republicans will be fooled into taking this necessary spending and using it to oppose pro-growth tax cuts, using this tragedy and those deaths for his own political desires.

Grover Norquist

#26. The fact is that a lot of the spending increases came during the Bush administration. Two unpaid for wars we got ourselves engaged in. A prescription drug plan that added enormous amounts to our spending, and the tax cuts at the high end that did not create jobs and create revenue coming.

Nancy Pelosi

#27. The three policy pillars of this new era are familiar to us all: privatization of the public sphere, deregulation of the corporate sector, and lower corporate taxation, paid for with cuts to public spending.

Naomi Klein

#28. Where is the politician who has not promised to fight to the death for lower taxes- and who has not proceeded to vote for the very spending projects that make tax cuts impossible?

Barry Goldwater

#29. Love is creative. It does not flow along the easy paths, spending itself in the attractive. It cuts new channels, goes where it is needed.

Evelyn Underhill

#30. I cannot in good conscience vote in favor of tax cuts, irrespective of their size, or to which segment of the population they are targeted, ... Nor can I support any spending increases that are not related to improving our nation's defense from the obvious and serious threats facing us today.

John McCain

#31. I would not reconsider the nuclear cuts. The appropriations committee did due process in looking at where there was the ability to cut some spending and that's what we did and now it's time to look forward to fiscal year '12.

Joe Heck

#32. It isn't as much you a spending problem as a priorities, and that is what the budget is, setting priorities. It's about timing. And it's about timing as to when make cuts, as well.

Nancy Pelosi

#33. [T]ax cuts are not just something that all taxpayers deserve, but also the best way to curb government spending. It is the best kind of tax reform. If the money never reaches the table, Congress can't gobble it up.

Zell Miller

#34. Whether it's threats to Medicare, cuts in education spending, or Internet privacy, the ramifications got young people out to vote and should be enough to keep them involved in our political system.

Patrick Murphy

#35. Barack Obama's life was so much simpler in 2009. Back then, he had refined the cold act of blaming others for the bad economy into an art form. Deficits? Blame Bush's tax cuts. Spending? Blame the wars in Iraq and Afghanistan. No business investment? Blame Wall Street.

John Sununu

#36. Will some reporter, or some Republican on the Sunday shows, please ask why tax cuts raid the non-existent Social Security Trust Fund but all the Democrats' new spending doesn't? Will someone please ask that?

Rush Limbaugh

#37. I support responsible spending, and balancing the budget, but this tax cut and the budget cuts of last month accomplish neither of these goals.

Marty Meehan

#38. In Greece, Italy and, to a lesser extent, France, unsustainable tax cuts and spending sprees added to households' estimates of their private wealth relative to their wage income.

Edmund Phelps

#39. By making bold cuts in spending and commonsense entitlement reforms, we will make our government simpler, smaller, and smarter.

Mitt Romney

#40. In Congress, while the House's proposed defense budget calls for significant increases, it also cuts 11 billion dollars from veterans spending - including healthcare and disability pay. Be clear: we can't equate spending on veterans with spending on defense.

Jennifer Granholm

#41. The American people want us to stop spending. And so let's just give them some certainty. Let's extend the tax - the existing tax cuts. And then let's give some more tax breaks to small businesses and large. And then maybe the American people will have some confidence.

John McCain

#42. 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

#43. Our approach is to reject the old vicious circle of the '80s-rising debt, higher long-term interest rates, higher debt repayment costs, lower growth, higher unemployment, then enforced cuts in public spending. That was the old boom and bust.

Gordon Brown