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Deficit Quotes

I hope you find great value in these Quotes about Deficit from my large collection of inspirational quotes and motivational sayings.

The only way that we can reduce our financial dependence
on the inflow of funds from the rest of the world is
to reduce our trade deficit.
- Martin Feldstein

Related topics: Finance

For the last 4 years, our Federal Government has produced
the four biggest deficits in history,
and the estimated 2006 deficit of $423 billion is projected
to be the largest of all.
- Melissa Bean

The only way to eliminate the deficit in the long run is through growth.
- Edward Lazear

At the same time, Republicans are pushing a $70 billion
tax package that will overwhelmingly benefit the most
wealthy Americans and actually increases the deficit by $16 billion.
- Marty Meehan

 

It is like our foreign policy has attention deficit disorder.
- Tim Ryan

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

I am not worried about the deficit.
It is big enough to take care of itself.
- Ronald Reagan

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Everyone I know has attention deficit,
and they say it with great pride.
It's a bad time to be right.
- Joni Mitchell

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

Money flows into the US, and inflates US assets,
and allows the US to have a monstrous trade deficit.
That means we are consuming more than we are producing.
- David Korten

As the U.S.
trade deficit, and the portion of that deficit attributed to China,
continue to grow, our own economy is at risk of losing
its reputation as a leader in world trade.
- Jo Ann Emerson

We wanted to be certain they didn't have a bigger deficit,
and Kennedy agreed with me.
- Wilbur Mills

Deficit reduction is not an end in itself.
It is the means to an end.
Canadians must now decide what kind of country they
want to build with the hard-won dividend.
- Jean Chretien

The only thing growing faster than the federal government's
deficit is Chris Matthews' man-crush on Barack Obama.
- Timothy Pawlenty

I voted for the Deficit Reduction Package with significant
heartburn over the student aid provisions.
- Bob Inglis

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

The more competitive value of the dollar turned around the trade deficit.
- Martin Feldstein

To finance this trade deficit, the U.S.
has to borrow from the rest of the world or sell American assets like stocks,
businesses, and real estate to the rest of the world.
- Martin Feldstein

So if the euro, if Euroland is to become a reserve center,
if the euro is to become a reserve currency,
Euroland will have to have a deficit in its overall balance of payments.
- Robert C. Solomon

The financial report makes it very clear that if we
got into honest budgeting today,
that in fact we would find ourselves with a much larger
deficit than we have today.
- Jim Costa

It is vital that we get these policies right as we
take forward our plans to drive down the deficit and transform our economy.
- David Cameron

Unless the trade deficit shrinks, the combination of
the trade deficit and the interest and dividend payments
to foreigners will grow ever more rapidly.
- Martin Feldstein

What we do want to see is reforms that are going to
have a permanent effect on the budget deficit.
- Ed Parker

As a matter of fact, if you do not take into account,
as Congressman Ross just stated, the Social Security surplus,
our fiscal deficit, ladies and gentlemen,
is over $700 billion today.
- Jim Costa

We're committed to working with Congress to doing what
the president said he was always going to do,
which is cut the deficit in half over the -
over his first term.
- Christina Romer

This Constitution does not reflect the thoughts,
hopes and aspirations of ordinary people.
It does nothing for jobs or economic growth and widens
further still the democratic deficit.
- Nigel Farage

Attention-deficit disorders seem to abound in modern society,
and we don't know the cause.
- Marilyn vos Savant

Essentially, when we run a deficit, we are borrowing
money to buy things that are made overseas.
- Peter DeFazio

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

The United States as usual has a sizable deficit in
the current account of its balance of payments,
trade account and other current accounts,
current account items.
- Robert C. Solomon

For the first time in 15 years, Georgia this winter
has its electric power guaranteed without deficit.
This is a historic achievement.
- Mikhail Saakashvili

You know, dramas are much more expensive to do than say a comedy,
so any kind of deficit like that is picked up on when
it comes time for them to pick up new shows.
- Paul Guilfoyle

America knows it has got to deal with its deficit problems so that it,
too, can promise it is making its proper and best contributions to the world economy.
- Gordon Brown

The President forgot to mention the Moon,
Mars, and the federal deficit - all of which are sky-high.
- Brad Sherman

The only justification for repressive institutions
is material and cultural deficit.
But such institutions, at certain stages of history,
perpetuate and produce such a deficit,
and even threaten human survival.
- Noam Chomsky

And so our goal on health care is, if we can get,
instead of health care costs going up 6 percent a year,
it's going up at the level of inflation,
maybe just slightly above inflation,
we've made huge progress.
And by the way, that is the single most important thing
we could do in terms of reducing our deficit.
That's why we did it.
- Barack Obama

Well, the U.S.
is running a current account deficit;
we are creating lots of investment opportunities in
the United States that exceed our own domestic savings rates,
so the issue here is to encourage higher savings rates in the United States.
- John W. Snow

That level of trade deficit throttles real growth in
our country and continues the unfortunate path of selling out America.
We are not winning the global trade war,
we are losing it badly.
- Marcy Kaptur

But because we in the United States finance our current
account deficit by borrowing in our own currency,
we can move to a more competitive dollar without the
adverse effects that followed currency declines in other countries.
- Martin Feldstein

When you look at the state of the economy right now,
you have to set a priority.
And my top priority is the deficit of jobs and economic growth,
and especially this perception that the United States
could be falling behind especially Asian economies.
- Mark Kirk

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

In addition to a soaring stock market,
6.6 million jobs have been created since tax relief
measures went into effect in 2003.
Our deficit situation has also improved as tax revenues
have increased at double-digit rates over the past two years.
- Randy Neugebauer

Reconciliation cannot be used to pass comprehensive health care reform.
It won't work because it was never designed for that
kind of significant legislation;
it was designed for deficit reduction.
- Kent Conrad

Cutting the deficit by gutting our investments in innovation
and education is like lightening an overloaded airplane by removing its engine.
It may make you feel like you're flying high at first,
but it won't take long before you feel the impact.
- Barack Obama

In fact, our monthly trade deficit figure is so huge
it equals the entire annual budget of our Department of Veterans Affairs.
Veterans fought to make us free from foreign tyranny,
but the new tyranny is taking a different form.
- Marcy Kaptur

We are on pace this year to have a trade deficit that
is larger than $800 billion.
We have never faced that before, but we continue to
put forward trade agreements like these that leave
us naked to competition that is neither free nor fair.
- Xavier Becerra

You mentioned Ross Perot.
Mr. Perot jumped into the race at the last minute,
had one issue that he ran on, the budget deficit,
was in and out of the race a couple of times,
and still got 20 million votes, didn't have the Internet.
- Hamilton Jordan

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

We are worried about the size of the deficit,
which is why the president is pleased that the House
and Senate have followed his lead in cutting the deficit
in half over the next five years.
- Ken Mehlman

America's largest trade deficit is with China,
a nation that enjoys Permanent Normal Trade Relations with the U.S.
and ties its currency to the dollar to make it a more
competitive trading partner.
- Jo Ann Emerson

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

I've, we have in this state, like many other states,
we're experiencing an enormous budget deficit that
we're trying to grapple with.
But we will have progress despite the deficits.
- Jennifer Granholm

The deficit - the U.S.
knows our deficit is too large.
We are committed to bringing it down.
We are bringing it down.
The deficit came in for fiscal year '05 at considerably
below where it was the prior year.
- John W. Snow

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

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

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

While there are no easy solutions to this problem,
the Deficit Reduction Act gets us started in the right
direction by beginning with the most obvious,
commonsense reforms to save taxpayer dollars.
- Jim Ryun

All those trucks and barges that carry our goods to
port are vital connections to the only force which
can balance our trade deficit:
export.
We must keep doing what we do best if we are going
to get America out of the red.
- Jo Ann Emerson

The war on terrorism has made national security a legitimate concern,
and a rising deficit, changes brought on by globalization
and even the price of oil have thrown the nation's
economic health into question.
- Roger Mahony

With a strong domestic economy, low national unemployment at 5 percent,
and increasing retail sales, the picture should look rosy.
But one look at the trade deficit changes all of that.
- Jo Ann Emerson

With attention deficit democracy, I am trying to wake
up people to how the combination of mass ignorance,
fear mongering by the government, and lying politicians
is putting our entire system of government to a death spiral.
- James Bovard

We certainly could have voted on making the middle-class
tax cuts and tax cuts for working families permanent
had the Republicans not insisted that the only way
they would support those tax breaks is if we also added
$700 billion to the deficit to give tax breaks to the
wealthiest 2 percent of Americans.
That's what was really disturbing.
- Debbie Wasserman Schultz

The president has been a true friend of the ag industry,
because he continues to invest large amounts of money
at a time when savings is really the goal of the federal
government to deal with the deficit.
- Mike Johanns

Whether they run a record company or a grocery store,
every boss will tell you you're in big trouble if you're
borrowing more than you can ever afford to pay back.
Delaying the pain for future generations is suicidal.
We've got to start getting the deficit down right now,
not next year.
- Simon Cowell

Although economists have studied the sensitivity of
import and export volumes to changes in the exchange rate,
there is still much uncertainty about just how much
the dollar must change to bring about any given reduction in our trade deficit.
- Martin Feldstein

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

Children from like 8 and even up to the college age -
Spider-Man appeals to a fairly broad demographic but,
like I said, a mean age probably of 12 is a good mark -
they process information so quickly and it's not because
of attention deficit or short attention span.
- Thomas Haden Church

We've used up a lot of bullets.
And we talk about stimulus.
But the truth is, we're running a federal deficit that's 9 percent of GDP.
That is stimulative as all get out.
It's more stimulative than any policy we've followed since World War II.
- Warren Buffett

I believe that we should allow younger workers to contribute
toward a personal account that they own,
as long as it is coupled with deficit reduction measures
that enhance the long-term condition of Social Security.
- Cliff Stearns

Congress had the opportunity to extend tax relief to
working families without increasing the deficit.
Instead, we were handed a bill that favors the wealthy
and eliminates deductions that benefit the middle class.
- Rick Larsen

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


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