A Quote by Scott Garrett

A dramatic spending increase to fund the SEC and the CFTC, as envisioned by the authors of the Dodd-Frank legislation, would further the mindset that our nation's problems can be solved with more spending, not more efficiency.

Scott Garrett

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Authors Dodd-Frank Dramatic Efficiency Envisioned Frank Fund Further Increase Legislation Mindset More Nation Our Problems SEC Solved Spending Would

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Scott Garrett
American - Politician
Born: July 9, 1959

Whether government finances its added spending by increasing taxes, by borrowing, or by inflating the currency, the added spending will be offset by reduced private spending. Furthermore, private spending is generally more efficient than the government spending that would replace it because people act more carefully when they spend their own money than when they spend other people's money.

Richard Wagner

Whenever people in Washington complain about spending cuts, they mean spending cuts that would affect defense contractors. They want to massively increase spending cuts everywhere else in the budget.

Cenk Uygur

Under the Dodd-Frank law, the SEC got the lion's share of the rules to write, more than 100 rules, and we have done an extraordinary amount of that. Eighty percent have been either proposed or adopted. So, a lot, a lot accomplished but of course, more to do.

Mary Schapiro

Spending is not caring. Spending is what politicians do instead of caring. Spending more does not guarantee success. Politicians like to measure spending because it is easier than measuring actual metrics of accomplishment.

Grover Norquist

I run a taxpayer group - the most powerful guy in D.C., nonsense. OK? There are buildings with thousands of people in them, all lobbying for more spending and higher levels of spending and more government commitments. And there are a handful - a handful of groups that fight for less spending.

Grover Norquist

Sometimes, tax rate increases create the very problems that the spending is intended to cure. In other words, the tax rate increases reduce economic growth; they shrink the pie; they cause more poverty, more despair, more unemployment, which are all things government is trying to alleviate with spending.

Arthur Laffer

The greatest threat facing America today is the disastrous fiscal policies of our own government, marked by shameless deficit spending and Federal Reserve currency devaluation. It is this one-two punch - Congress spending more than it can tax or borrow, and the Fed printing money to make up the difference - that threatens to impoverish us by further destroying the value of our dollars.

Ron Paul

Nearly every policy during the Obama years was anti-growth: tax increases; minimum-wage hikes; ObamaCare; Dodd-Frank regulations; massive debt spending; the Paris climate change accord; an EPA assault against American energy; massive expansions of food-stamps programs and more.

Stephen Moore

With the dramatic increase in ease of transportation and the incredible decrease in the amount of time required to travel between far-flung areas of the United States, representatives began spending more and more time in Washington and less and less time in their home districts.

Ben Shapiro

Government spending clearly needs some adjusting. But a budget is a statement of our priorities, and balancing our spending on the backs of our nation's seniors is not the right approach.

Paul Tonko

There is only so much energy available to us in life. Spending it on solving problems is one possible way of living your life, but this may leave you empty - hearted; spending it on what excites you is a lot more fulfilling and fun - and effortless; and usually, the previously experienced problems vanish on their own. We don't have to battle against the darkness when all we need to do is turn on the light.

Andreas Moritz

The U.S. has been living in a situation of excesses for too long. Consumers were out spending more than their income and the country was spending more than its income, running up large current-account deficits. Now we have to tighten our belts and save more.

Nouriel Roubini

I have and will continue to oppose any legislation that would undermine the important consumer protections provided under Dodd-Frank.

Seth Moulton

I think it was seen as a symptom that the Chinese leadership may be really scared about their economy.Why would you want to depend more on exports if you're a country that has a stated policy of relying less on exports and more on consumer spending, domestic spending?

David Wessel

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

The SEC got more than 100 rules to write under Dodd-Frank, the lion's share of all the agencies. And we've moved, I think, with a tremendous sense of urgency. But it takes a long time to write rules and get them approved by a five-member commission.

Mary Schapiro

A Quote by Scott Garrett

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