#deficit

I've got a chart here that shows our debt-to-GDP ratio. And while we did run deficits in the past, we now number our debt in trillions rather than in billions. And I think that represents a long-term danger, especially to the, the American dream. ↗

— Mark Kirk

#american dream #billions #chart #danger #debt

In the budget, the president will call for a five-year freeze on discretionary spending other than for national security. This will reduce the deficit by more than $400 billion over the next decade and bring this category of spending to the lowest share of our economy since Dwight Eisenhower was president. ↗

— Jacob Lew

#bring #budget #call #category #decade

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

#budget #coming #congressional #deficit #forward

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

#committed #congress #cut #deficit #doing

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

#debt #deficit-spending #government #loans #political-science

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

#constitution #deficit #democratic #does #economic

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

#adverse #because #borrowing #competitive #countries

The more competitive value of the dollar turned around the trade deficit. ↗

— Martin Feldstein

#competitive #deficit #dollar #more #trade

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

#deficit #dependence #financial #funds #only

Let me tell you the story about Massachusetts under Governor Romney. It did fall to 47th out of 50 in jobs creation. Wages went down when they were going up in the rest of the country. He left his successor with debt and a deficit, and manufacturing jobs left that state at twice the rate as the rest of the country. ↗

— Stephanie Cutter

#country #creation #debt #deficit #did