A Quote by Alan Greenspan

I think the whole issue of a debt ceiling makes no sense to me whatsoever. Anybody who is remotely adroit at arithmetic doesn't need a debt ceiling to tell you where you are.

Alan Greenspan

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Anybody Arithmetic Ceiling Debt Debt Ceiling Issue Makes Me Need No Sense Remotely Sense Tell Think Whatsoever Whole

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Alan Greenspan
American - Economist
Born: March 6, 1926

Debt ceiling is something that, you know, any time the president asks for the authority to increase the debt ceiling, the debt burden on our children and grandchildren, I think that requires a pretty serious discussion, robust debate.

Ron Johnson

If you ask the question of Americans, should we pay our bills? One hundred percent would say yes. There's a significant misunderstanding on the debt ceiling. People think it's authorizing new spending. The debt ceiling doesn't authorize new spending; it allows us to pay obligations already incurred.

Peter Welch

The Republican argument that raising the debt ceiling encourages additional future spending is logically irresponsible. The debt ceiling has to be raised to authorize spending already approved by Congress. Despite that fallacy, the GOP has been able to score political points with its argument.

Eliot Spitzer

Obama has been perhaps the most partisan President since Truman. He hasn't learned to be civil - note his insulting speech to Paul Ryan, who did us the courtesy of scoring a budget. The president has to talk to Republicans when it comes to the debt ceiling. He has reached the debt ceiling before anyone expected.

Grover Norquist

The president says we need to raise the debt ceiling because America pays its bills. No if we paid our bills we wouldn't have all this debt. The reason we have to raise the debt ceiling is because we can't pay our bills and we have to borrow money because we don't have any money to pay our bills.

Peter Schiff

I don't see why anybody's playing chicken with the debt ceiling.

Austan Goolsbee

If we weren't running deficits, if we weren't spending more than we were taking in, there would be no reason whatsoever to increase the debt ceiling.

Ron Johnson

If we reach the debt ceiling, we don't have to default. Getting to that point just won't allow us to reach new debt.

Ron DeSantis

We need to get rid of the debt ceiling law. It's anachronistic and it's a problem.

Mark Zandi

I always think a debt ceiling is a good tool to carry something.

Mitch McConnell

Not raising the debt ceiling does not trigger a default, because we've got enough money to service our debts. Default is when you can't service your debt.

Ted Yoho

I think at the end of the day we have to raise the debt ceiling, because America pays its bills.

Terri Sewell

When you don't have as much debt as we do, we don't have to worry about having this debt ceiling fight every single year. And I really think people are getting sick of having this news cycle every single year from Congress, from the Washington bubble.

Katie Pavlich

The debt ceiling is not something to toy with.

Austan Goolsbee

I'm not going to raise the debt ceiling.

Ted Yoho

The truth is that the United States doesn't need, and shouldn't have, a debt ceiling. Every other democratic country, with the exception of Denmark, does fine without one.

James Surowiecki

A Quote by Alan Greenspan

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