A Quote by Henry Paulson
When the economy is growing, there's a lot that can be done to deal with the deficit.
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Our practical choice is not between a tax-cut deficit and a budgetary surplus. It is between two kinds of deficits: a chronic deficit of inertia, as the unwanted result of inadequate revenues and a restricted economy; or a temporary deficit of transition, resulting from a tax cut designed to boost the economy, increase tax revenues, and achieve -- and I believe this can be done -- a budget surplus. The first type of deficit is a sign of waste and weakness; the second reflects an investment in the future.
The single greatest force for deficit reduction is a growing economy.
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.
I think growing an economy is a good way to help with a deficit, but ultimately, it's about fiscal discipline and responsible spending - and smart decisions.
Well obviously the economy is critical to everything we do and we need to get the economy back in shape, the deficit down, the debt paid off, so that the economy can grow again and grow properly.
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.
I do think that saving the economy was a pretty big deal. We did a lot of stuff early that ended up having an impact. I believe that the work we've done in moving our energy future in a cleaner direction is going to stick even if some of the individual steps that we took are reversed by future administrations. I think that it's embedded itself in the economy.
When you get the economy growing, that's when you can deal with the national debt.
In my book Radical Reform I made it clear that we cannot talk about the environment or ecology if we don't also deal with the economy. There is a direct link between how we deal with the economy and how we deal with nature.
The right way to deal with a budget problem that was years in the making is by formulating a credible plan to reduce the deficit over time and as the economy is able to withstand the necessary fiscal belt-tightening. That is what President Obama is doing.
Some people worry about our federal deficit, but I, I worry about our bravery deficit. Our economy, our society - we're just losing out because we're not raising our girls to be brave. The bravery deficit is why women are underrepresented in STEM, in C-suites, in boardrooms, in Congress, and pretty much everywhere you look.
The economy working - the economy growing, corporations growing and hiring people and wage increases occurring - is the worst thing that can happen politically for the Democrat Party.
Trying to cut the deficit too far, too fast isn't working. The government must adopt a steadier, more balanced plan to get our deficit down and take immediate action now to support the economy and create jobs here in Britain.
What deal is [Maxine Waters] talking about? [Rex] Tillerson's done a lot of deals. [Donald] Trump's done a lot of deals, but she's got a deal in mind that Tillerson negotiated with [Vladimir] Putin. Putin is there, or Tillerson's there to lift the sanctions.
Faster economic growth helps raise the economy which raises revenues. And that helps us tackle the deficit. There's two things we've got to do to get rid of this debt. Deal with entitlements, that's why we're frustrated health care reform hasn't passed the senate yet.
There are limits to what we can do. That's for sure. That is true. One of the downsides of a growing economy [is that] we're accommodating a lot more people. They're buying houses and the market is growing. That is part of the downside of that, but I think that all of us do have to decide to act on it.
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