A Quote by Mark Zandi

We need to get rid of the debt ceiling law. It's anachronistic and it's a problem.

Mark Zandi

Quote Topics

Ceiling Debt Debt Ceiling Get Law Need Problem Rid

Quote Author

Mark Zandi
American - Economist

I think the whole issue of a debt ceiling makes no sense to me whatsoever. Anybody who is remotely adroit at arithmetic doesn't need a debt ceiling to tell you where you are.

Alan Greenspan

Debt ceiling is something that, you know, any time the president asks for the authority to increase the debt ceiling, the debt burden on our children and grandchildren, I think that requires a pretty serious discussion, robust debate.

Ron Johnson

We need to get rid of bullying. We need to get rid of abuse. We need to get rid of harassment. We need to get rid of the casting couch. Instead, we need to build the bench.

Nancy Dubuc

The president says we need to raise the debt ceiling because America pays its bills. No if we paid our bills we wouldn't have all this debt. The reason we have to raise the debt ceiling is because we can't pay our bills and we have to borrow money because we don't have any money to pay our bills.

Peter Schiff

The Republican argument that raising the debt ceiling encourages additional future spending is logically irresponsible. The debt ceiling has to be raised to authorize spending already approved by Congress. Despite that fallacy, the GOP has been able to score political points with its argument.

Eliot Spitzer

Obama has been perhaps the most partisan President since Truman. He hasn't learned to be civil - note his insulting speech to Paul Ryan, who did us the courtesy of scoring a budget. The president has to talk to Republicans when it comes to the debt ceiling. He has reached the debt ceiling before anyone expected.

Grover Norquist

I don't need debt. And if I need debt, if I want debt, I can get it from banks in New York City very easily.

Donald Trump

If you ask the question of Americans, should we pay our bills? One hundred percent would say yes. There's a significant misunderstanding on the debt ceiling. People think it's authorizing new spending. The debt ceiling doesn't authorize new spending; it allows us to pay obligations already incurred.

Peter Welch

We need to get rid of the Federal Elections Commission. It's a joke. It doesn't enforce the law.

Russ Feingold

We should get rid of the SAT as fast as we can. Look, there are bigger problems in society. This is not the biggest problem we have. But it's so easy to get rid of it. Right? Just pull the plug.

John Katzman

I hope that the United States would cooperate with the partners to reduce its debt. The debt is a problem. The debt is with you, but unfortunately, the debt is not only with you but with us and with the rest of the world because we all, one way or another, are dependent on the dollar.

Sergei Lavrov

The truth is that the United States doesn't need, and shouldn't have, a debt ceiling. Every other democratic country, with the exception of Denmark, does fine without one.

James Surowiecki

The basic problem, actually, is how to get rid of the idea that we're going to get rid of our problems. Only then can we relate directly with the real issues of our life.

Bernie Glassman

Get rid of debt now.

Suze Orman

If President [Barack] Obama - President [Donald] Trump shows up with a, you know, cleaver and just says, I can get rid of all these regulations, I can get rid of ObamaCare, no problem at all, then that would be a mistake.