A Quote by Steve Scalise

Look at what happened in the 1990s: when they balanced the federal budget, it was through growth in the economy and controlling spending.

Steve Scalise

Quote Topics

Balanced Budget Controlling Economy Federal Growth Happened Look Spending Through

Quote Author

Steve Scalise
American - Politician
Born: October 6, 1965

Defense spending as a share of the economy dropped significantly during the early 1990s, and that was one of the things, along with other policy changes, that put us back on the path to a balanced budget.

Peter Orszag

The biggest source of getting the country to a balanced budget is not by raising taxes or by cutting spending. It's by encouraging the growth of the economy.

Mitt Romney

I have long been in favor of a balanced budget restriction at the level of the federal government of the United States. Because the federal government has money-creating powers it can, in fact, be very damaging if it runs a series of budget deficits. With the state government in the United States, they don't have money-creating powers. The automatic discipline imposed by the fact that they are in a common monetary unit and don't have control over the money power means that the balanced budget restriction is less needed.

James M. Buchanan

Government is taking 40 percent of the GDP. And that's at the state, local and federal level. President Obama has taken government spending at the federal level from 20 percent to 25 percent. Look, at some point, you cease being a free economy, and you become a government economy. And we've got to stop that.

Mitt Romney

If we had 3 percent growth, which is what we're trying to get to, what we're at, by the way, right now, we're trying to maintain that 3 percent growth. If we had been at 3 percent growth over the last ten years, the budget very nearly would be balanced in 2017. That's how big a difference it makes when you grow the American economy that additional 1 percent over ten years.

Mick Mulvaney

You know, the Democrats want to balance the budget by raising spending and raising taxes. The Soviet Union had a balanced budget.

Tom DeLay

A tax cut means higher family income and higher business profits and a balanced federal budget....As the national income grows, the federal government will ultimately end up with more revenues. Prosperity is the real way to balance our budget. By lowering tax rates, by increasing jobs and income, we can expand tax revenues and finally bring our budget into balance.

John F. Kennedy

Every tax cut I call for is targeted, it's responsible and it is paid for within my balanced budget plan. My tax cuts will not undermine our economy. They will speed economic growth.

William J. Clinton

Well, I think the president has clearly submitted us a tight budget, but it's what's called for if we're going to get spending under control and keep the economy moving in the right direction, with economic growth and job creation activity.

Thad Cochran

The Congressional Budget Office tells us that Medicare spending has increased fivefold in the past 42 years, dramatically more than all other categories of federal spending.

David Limbaugh

It is being alleged that the Federal Government is 'cutting' spending. In fact, we are not 'cutting' anything. Defense spending under this budget would rise by 4.3 percent over last year. Other discretionary spending would also rise.

Craig L. Thomas

It is time we passed a balanced budget amendment and return this government to limited spending.

Newt Gingrich

Even with not having a balanced budget at this time, I support tax cuts. That will help limit spending.

Steve Chabot

You're having government spending on the economy being cut almost everywhere. That means that the only source of spending for growth has to come from borrowing from the banking system.

Michael Hudson

Society must cease to look upon 'progress' as something desirable. 'Eternal Progress' is a nonsensical myth. What must be implemented is not a 'steadily expanding economy', but a zero growth economy, a stable economy. Economic growth is not only unnecessary but ruinous.

Aleksandr Solzhenitsyn

I think my husband did a pretty good job in the 1990s. I think a lot about what worked and how we can make it work again, million new jobs, a balanced budget.

Hillary Clinton

A Quote by Steve Scalise

Quote Topics

Quote Author

Related Quotes

Related Authors