A Quote by Mark Zandi

The clearest way to cut some of this fiscal drag would be to extend the current payroll tax holiday and increase it - as proposed by President Barack Obama. This would cut the fiscal drag by almost half.

Mark Zandi

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Almost Barack Barack Obama Current Cut Drag Extend Fiscal Half Holiday Increase Obama Payroll Payroll Tax President President Barack Obama Proposed Some Tax Way Would Would Be

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Mark Zandi
American - Economist

In the past, proactive fiscal polices almost always meant just more investment and an increase in the fiscal deficit.

Li Keqiang

Now, the president would like to do tax reform, which would obviously lower rates for most people in America and make the tax code fair and get rid of loopholes and special treatment. But absent tax reform, the president believes the right way to get our fiscal house in order is ask the wealthy to pay their fair share.

David Plouffe

A wide range of possible fiscal policy tools and approaches could enhance the cyclical stability of the economy. For example, steps could be taken to increase the effectiveness of the automatic stabilizers, and some economists have proposed that greater fiscal support could be usefully provided to state and local governments during recessions.

Janet Yellen

Whenever I'm asked if the Trump tax cut is for the rich, I say yes. It is a tax cut for the rich. It is a tax cut for the middle class. It is a tax cut for small businesses. It is a tax cut for the Fortune 100.

Stephen Moore

Democrats in Washington predicted that tax cuts would not create jobs, would not increase wages, and would cause the federal deficit to explode. Well, the facts are in. The tax cuts have led to a strong economy. Real wages were on the rise, and deficit has been cut in half three years ahead of schedule.

George W. Bush

I think that for the next short period of time, our No. 1 priority is Congress needs to do its work and extend the payroll tax cut.

Jack Lew

At the federal level, the fiscal stimulus of 2008 and 2009 supported economic output, but the effects of that stimulus faded; by 2011, federal fiscal policy actions became a drag on output growth when the recovery was still weak.

Janet Yellen

JFK and Reagan's growth model included tax cuts and a steady dollar. Trump has taken a gigantic step toward restoring prosperity with his tax-cut-centered fiscal policy.

Lawrence Kudlow

Without the triggers, that tax cut is irreponsible fiscal policy. Eventually, I think that will be the consensus view.

Alan Greenspan

Many Republicans have what I call a 'tax-cut syndrome' where they have never seen a tax cut they didn't really like and didn't see a tax increase they didn't hate and do everything they could to block.

Peter George Peterson

As president, I would promote a Fair and Flat Tax plan, known as the 'EZ Tax.' My tax plan would be the largest tax cut in American history, reforming individual, business, and worker taxes.

Rand Paul

Arizona is in the midst of a fiscal crisis. We've cut school funding. And they pass a bill questioning Obama's citizenship? For real?

Kyrsten Sinema

President Obama has ignored or dismissed proposals that would address our anti-competitive tax code and unsustainable trajectory of federal debt - including his own bipartisan National Commission on Fiscal Responsibility and Reform - and submitted no plan for entitlement reform.

Glenn Hubbard

During his campaign, Donald J. Trump embraced the cause of fiscal responsibility and accused President Barack Obama of shackling the country with a 'mountain of debt.'

James B. Stewart

Well, I think the reality is that as you study - when President Kennedy cut marginal tax rates, when Ronald Reagan cut marginal tax rates, when President Bush imposed those tax cuts, they actually generated economic growth. They expanded the economy. They expand tax revenues.

Mike Pence

Spending and tax cut decisions must be both fiscally responsible and fair to our working families. I believe that fiscal responsibility is the way to create prosperity for America and secure the retirement of America's seniors.

Blanche Lincoln

A Quote by Mark Zandi

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