A Quote by John Kasich
I was the chairman of the House Budget Committee and one of the chief architects the last time we balanced a budget, and it was the first time we had done it since man walked on the moon. We had a $5 trillion surplus and we cut taxes.
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I was the chairman of the House Budget Committee and one of the chief architects the last time we balanced a budget, and it was the first time we had done it since man walked on the moon.
I was the chairman of the Budget Committee and the lead architect the last time it happened in Washington, and when we did it we had great economic growth, we cut taxes, and we had a big surplus.
We had a $10 billion budget deficit when we got here in January of 2003. We cut that budget deficit; we did not raise taxes; we came back in '05, and we had an $8 billion surplus. That's how fast it can happen.
I'm pleased that I've balanced budgets. I was on the world of business for 25 years. If you didn't balance your budget, you went out of business. I went into the Olympics that was out of balance, and we got it on balance, and made a success there. I had the chance to be governor of a state. Four years in a row, Democrats and Republicans came together to balance the budget. We cut taxes 19 times and balanced our budget.
This is the first time a newly inaugurated president has had any impact on a current budget." What that means is that normally when a president's inaugurated in January, the budget for the first calendar year of his term or the first nine months is already done. So from January 21st all the way 'til October when the new budget's done, the president has to deal with the previous Congress' budget and has nothing to say about it. What they're saying is that Donald Trump has had a record-breaking, never-before-seen thing by having an impact on the budget in his first year.
When I left Washington, we actually had a balanced budget and we paid down the most amount of the national debt in modern history and cut taxes and created jobs. And I was the chief architect of that plan in '97.
You know, the Democrats want to balance the budget by raising spending and raising taxes. The Soviet Union had a balanced budget.
Everything that I've done so far has had a bigger budget than the last, but I've never ever felt the benefit of the bigger budget because the ideas always exceed the budget.
President Obama unveiled a $4 trillion budget for 2016 that would increase taxes on the wealthy and spend more money on education. He also made a snowball and put it in the oven, just to see which would last longer, his budget or the snowball.
Coolidge thought budgets were virtuous. He had his econ straight. He didn't just cut taxes, he also cut the budget.
When you cut a half-a-trillion dollars from the defense budget, it affects almost every area in the defense budget.
If you're running for president, you've got to do a lot of things to line up a candidacy. I've not done any of those things. It's not my plan. My plan is to be a good chairman of the House Budget Committee and fight for the fiscal sanity of this nation.
It is a paradoxical truth that tax rates are too high and tax revenues are too low and the soundest way to raise the revenues in the long run is to cut the rates now Cutting taxes now is not to incur a budget deficit, but to achieve the more prosperous, expanding economy which can bring a budget surplus.
I've got an extreme bias toward governors... they know what it's like to make hard decisions. They know what it's like to actually balance a budget - have a budget, first of all, and have a balanced budget.
But when I look at the fact that today is 1,000 days that we have not had a budget for the United States of America, you know, the House, one of the things we did, we passed a budget last year. But that is still sitting over there at the Senate. And so we have got to get this country back on track.
A budget is a reflection of our values, and as a member of the House Budget Committee, I work each year to ensure that our federal budget invests in programs that support working families, enhance our research and development capabilities, and ensure the safety and security of the American people.
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