A Quote by Ron Johnson

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

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Ceiling Debt Debt Ceiling Deficits Increase More No Reason Reason Running Spending Taking Than Were Whatsoever Would Would Be

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Ron Johnson
Born: April 8, 1955

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

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

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

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

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

Bless his heart, I have respect for Mitt Romney, but I do not have respect for what he has done through this debt increase debate. He did this. He waited until it was a done deal that we would increase the debt ceiling, and more money would be spent, more money borrowed and then spent on bigger government. And then he came out and he made a statement, that he didn't like the deal after all. You know, you can't defer an issue and assume that the problem is going to be then avoided.

Sarah Palin

All we're getting from the Democratic majority in Congress and from this White House is more bailouts, more spending, more planned stimulus, more deficits and debt, and the American people have had it.

Mike Pence

I must say, I never expected to see the day where I would be talking about anything other than reducing the debt, I'm running into the tyranny of zero, which is where you can't reduce (the debt) any more

Alan Greenspan

I think it's important that people know what raising the debt ceiling is. It's Congress giving permission to the federal government to borrow more money that we don't have, and we borrow it for the purpose of spending it.

Michele Bachmann

It's the [George Bush] president's fiscal policies that have driven up the biggest deficits in American history. He's added more debt to the debt of the United States in four years than all the way from George Washington to Ronald Reagan put together.

John F. Kerry

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

When the economy's shrinking, providing jobs, spending on things like infrastructure can actually increase revenue and drive down debt. And then, there's going to be a time at which point debt has to be taken care of.

Barack Obama

If I were running a campaign, I'd urge taking the mountain of money reportedly squandered on pizza, coffee and bagels and spending it more wisely - on a talented young comedy writer.

Dick Cavett

We don't need more politicians insisting we have deficits because you're not taxed enough. Those deficits ballooned from an economy that didn't grow enough and from 50 years of government spending too much.

Ronald Reagan

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

Taking the stairs instead of an elevator, walking to an appointment rather than taking a bus, subway or taxi, and spending times outdoors in warm and sunny weather are all easy ways to increase daily physical activity.

Margaret Cuomo

A Quote by Ron Johnson

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