A Quote by Mitt Romney

The biggest source of getting the country to a balanced budget is not by raising taxes or by cutting spending. It's by encouraging the growth of the economy.

Mitt Romney

Quote Topics

Balanced Balanced Budget Biggest Budget Country Cutting Economy Encouraging Getting Growth Raising Raising Taxes Source Spending Taxes

Quote Author

Mitt Romney
American - Politician
Born: March 12, 1947

You know, the Democrats want to balance the budget by raising spending and raising taxes. The Soviet Union had a balanced budget.

Tom DeLay

Look at what happened in the 1990s: when they balanced the federal budget, it was through growth in the economy and controlling spending.

Steve Scalise

I personally don't believe we ought to be raising taxes or cutting spending, either one, until we get this economy off the ground. I'll pay more, but it won't solve the problem.

William J. Clinton

Arnold was on the 'Today' show today, he was a little light on specifics. He said he could solve California's $38 billion budget deficit, without cutting spending or raising taxes because there was a third way. What is it? Let's just say it involves a robot going back in time to convince Gray Davis to go into dentistry.

Bill Maher

I believe very firmly that we can get to balanced budgets without raising taxes and without cutting transfers to the provinces or to individuals.

Andrew Scheer

You're having government spending on the economy being cut almost everywhere. That means that the only source of spending for growth has to come from borrowing from the banking system.

Michael Hudson

It is being alleged that the Federal Government is 'cutting' spending. In fact, we are not 'cutting' anything. Defense spending under this budget would rise by 4.3 percent over last year. Other discretionary spending would also rise.

Craig L. Thomas

It was an absurd theory that by cutting taxes you would increase government revenues, because the growth of the economy would create an overflow of taxes that would fall into the government coffers.

Sidney Blumenthal

Look, only in Washington is not raising taxes considered a tax cut. Nobody's getting a tax cut here. We're not cutting taxes. We're preventing tax increases from occurring.

Paul Ryan

In the middle of a recession, where we're just climbing out of it, where the economy -unemployment is still at 9.7 percent, the idea of raising taxes and reducing spending is a prescription for disaster.

Joe Biden

Defense spending as a share of the economy dropped significantly during the early 1990s, and that was one of the things, along with other policy changes, that put us back on the path to a balanced budget.

Peter Orszag

I'm pleased that I've balanced budgets. I was on the world of business for 25 years. If you didn't balance your budget, you went out of business. I went into the Olympics that was out of balance, and we got it on balance, and made a success there. I had the chance to be governor of a state. Four years in a row, Democrats and Republicans came together to balance the budget. We cut taxes 19 times and balanced our budget.

Mitt Romney

Businesses across the country are raising their prices in order to compensate for their added costs due to Obama's health care plan. If they aren't raising prices, they're cutting jobs as a result of the added cost, both of which hurt our economy.

Pam Bondi

I served on the budget committee in the Senate, and I remember as vividly as if it were yesterday when we had a hearing in which Alan Greenspan came and justified increasing spending and cutting taxes, saying that we didn't really need to pay down the debt - outrageous in my view.