A Quote by Jack Lew

Historically, the responsibility for voting on the debt limit has gone to the party in the majority.

Jack Lew

Quote Topics

Debt Gone Historically Limit Majority Party Responsibility Voting

Quote Author

Jack Lew
American - Public Servant
Born: August 29, 1955

Historically, the minority party in Congress votes against raising the debt limit, forcing the majority party to whip its members into casting politically painful votes in favor.

Peter Welch

The U.S. has a law on the books called the debt limit, but the name is misleading. The debt limit started in 1917 for the purpose of facilitating more national debt, not reducing it. It still serves that purpose. It's unconnected to spending, hurts our credit rating and has been an abject failure at limiting debt.

David Malpass

There is a Party of fiscal responsibility... economic responsibility... social responsibility... civic responsibility... personal responsibility... and moral responsibility. That party is the Democratic Party.

Howard Dean

I think the Respublican party's lost its way. We have given into nativism and protectionism. And I think that, if we're going to be a governing party in the future, and a majority party, we have got to go back to traditional conservatism, limited government, economic freedom, individual responsibility, respect for free trade. Those are the principles that made us who we are.

Jeff Flake

We have now an American political party and a European one. Not all Americans who vote for the European party want to become Europeans. But it doesn't matter because that's what they're voting for. They're voting for dependency, for lack of ambition, and for insolvency.

Harvey Mansfield

The American people are going to judge the majority party here today. If they go out here and vote for this rule that allows this provision to be stricken, they are voting against the men and women in the military of our country.

Norm Dicks

I don't understand how the Republican party is the party with the reputation for fiscal conservatism and fiscal sanity, when they're the ones who run up the debt. It was Reagan who ran up the debt and now Bush is doing it again, and in between, Clinton and Bush's father, I must say, worked so hard to get that deficit and that debt down.

Bill Maher

Right now, a majority of the debt is owed to foreign interests, Japan being the largest purchaser of government debt today, soon to be surpassed by China as the number one purchaser of our debt in this Nation.

Ron Kind

I am prepared to discuss the things that I believe we need to do not just to raise the debt limit. Raising the debt limit is the easiest thing. That's one vote away. The hard thing is to show the world we are serious about putting our spending in order so we can show people we'll able to pay our bills down the road.

Marco Rubio

When you talk about raising that debt limit, the only way that I would ever support raising the debt limit if we also talk about budgetary controls on the federal government, capping its spending, how do we deal with the Social Security, Medicare and Medicaid problems, because they cannot continue to run on auto-pilot.

Allen West

Voting third-party in 2016 meant choosing The Green Party's Jill Stein, the Libertarian Party's Gary Johnson, or Independent Candidate Evan McMullion.

Fabrizio Moreira

The fact that we are here today to debate raising America's debt limit is a sign of leadership failure. America has a debt problem and a failure of leadership. Americans deserve better. I, therefore, intend to oppose the effort to increase America's debt.

Barack Obama

It turned out that all socio-political forces - namely the United Development Party, Indonesian Democratic Party, Functional Group, and ABRI factions - said the majority of people still wanted me to accept the renomination for the 1998-2003 term. Well, that being the case, I was ready to accept their renomination with a sense of responsibility.

Suharto

It is necessary to heal the wounds of the past If you are going to build your country and to have unity. I am working with people who fought me very bitterly before the elections. It was my responsibility as the man who is leading the majority party, my responsibility to heal the wounds of the past and to work with people who were my opponents.