The party in power almost always unapologetically engages in deficit spending, while the other party argues passionately against the evils of debt and deficits.
In a time of serious budget deficits, immense war costs and a sluggish economy, we cannot afford to grant such outlandish subsidies to some of our Nations largest corporations.
The president elect [Donald Trump] says that will lead to more investment and growth. Skeptics say the tax plan would explode deficits.
The biggest reason we know Justin Trudeau will raise taxes is because his never-ending deficits will force him to.
Thanks to decades of accumulated federal budget deficits and, more significantly, imprudent Medicare and Social Security policies, we've stolen almost $60 trillion from our children.
I came to a stark realization: chronic surpluses could be almost as destabilizing as chronic deficits.
I worry that we're seeing a situation- Obama's administration not only committing us the huge deficits for the future, but is also redefining the relationship between government, on the one hand, and the private sector on the other.
For the last 4 years, our Federal Government has produced the four biggest deficits in history, and the estimated 2006 deficit of $423 billion is projected to be the largest of all.
Unfortunately the Republican tax cut will deny important revenues to many states facing their own deficits. This will create greater pressure for higher state and local taxes.
When I work with countries struggling to pay for budgets or finance trade deficits, I reflect on how Americans do not spend a moment considering the unique advantages of being able to issue bonds and print money freely.
Almost every key indicator of the current economy - unemployment, deficits, housing, energy - argues that Obama's reactionary all-powerful statist approach has only made things far worse.
From the earliest days, the Rothschilds appreciated the importance of proximity to politicians, the men who determined not only the extent of budget deficits but also the domestic and foreign policies.
I think that's what activates the Tea Party Movement. What they see is the government interfering with their lives and with the inheritance of their children. Are we going to pass down liberty or deficits? And that's really what this movement is about.
I think we all know the budgetary environment we live in. We all know the troubling future for federal deficits. They should pay for everything. This shouldn't be special on this bill or another one. The Congress has to get serious about controlling spending.
We've been the foolish country for so long with this free trade, but it's not free trade because it's - you know, just doesn't work. I mean, it's not working. You look at the deficits we have.
In a time of serious budget deficits, immense war costs and a sluggish economy, we cannot afford to grant such outlandish subsidies to some of our Nation's largest corporations.
When there's downward pressure on growth, one choice is to adjust economic policy, increase deficits, relax monetary policy. That might have a short-term benefit, but may not be beneficial for the future.
President Obama's policies have been categorical failures for our country. Unemployment is over nine percent, our deficits are growing, and small businesses are being burdened with regulations.
Yes, deficits are a problem. I've been saying so for more than a quarter of a century now. But the problem is not the size of the deficit, it's the size of government's claim on our economy.
Obama did inherit a deficit when he came into office. Why this fact justifies racking up vastly more debt and bigger deficits is a logical mystery.
It is past time for Republican leadership to answer for record deficits and reckless spending, both in Iraq and in the U.S. It's time for a plan to bring our troops home.
One of the reasons the deficit got as big as it did, frankly, was because of the economic slowdown, the fall-off in deficits, the terrorist attacks. A significant chunk was taken out of the economy by what happened after the attacks of 9/11.
America needs a new approach to boost the economy - one that does not doom future generations to being saddled with paying off today's federal deficits.
Instead of seeing these children for the blessings that they are, we are measuring them only by the standard of whether they will be future deficits or assets for our nation's competitive needs.
Looking at the high cost of occupation in Iraq and the needs we have in this country, would it not have been better to have smaller tax cuts in order to keep down the deficits.
Those who can't imagine change reveal the deficits of their imaginations, not the difficulty of change.
The major cause for American Negroes intellectual and social deficits is hereditary and racially genetic in origin and thus not remedial to a major degree by improvement in environment.
Global demand for dollars has supplanted demand for manufactured goods and services, resulting in multilateral trade deficits and loss of jobs at home.
While deficits are often inflationary and always pernicious, curing them by raising taxes is equivalent to curing an illness by shooting the patient.
I get a headache when I hear supporters of this endless warfare complaining about the federal budget deficits. They're like arsonists complaining about the smell of smoke in the neighborhood.
The tea party movement and its passion arose in response to trillion dollar deficits as far as the eye can see and out of a sense that Washington is in need of dire fiscal reform.
At any moment there is certainly not balanced trade between the various areas of the habitable globe that happens to be under seperate national governments - there is an ever-changing pattern of deficits and surpluses.
Americans have a strange notion that the ordinary laws of economics do not apply to them. So doubtless they will think they are prosperous if the boom starts, and that deficits and indebtedness are merely signs of how prosperous they are.
I'm a fiscal hawk. I vote against all taxes, but I do believe the environment, and climate change, is a bigger issue than fiscal deficits are as a risk to the nation.
Understanding that yes, we are committing more resources than we thought we might be in protecting our homeland and prosecuting a war and so it's understandable that we would be going through a period of deficits.
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.
We developed during the 1990s a series of budget process rules that helped us bring to heel these deficits, diminishing every year and moving the budget so into surplus.
Why am I interested in deficits? The only way you balance the budget in this country long-term is through sustained economic growth. And that's what everything we are doing in this administration is aimed at that end goal.
We're focused on doing the things that make the economy perform well, and as you do that, reduce deficits, for one, very important; secondly, keep growth rates high, very important.
When we stop running up huge budget deficits and start acting responsibly in Washington, we will provide small-business owners with the certainty they need to put Americans back to work.
For one thing, one of the wonderful things that we now have is instead of the huge budget surpluses that President Clinton left us with, we now have these huge deficits that we're going to be facing into the future.
I stated that I'm a libertarian Republican, which means I believe in a series of issues, such as smaller government, constraint on budget deficits, free markets, globalization, and a whole series of other things, including welfare reform.
It's disappointing that President Obama - who ran for office in 2008 saying he was going to be a fiscally responsible president - has caused the largest deficits and the largest debt in American history.
Today, we have a trade regime which has led to the largest trade deficits this country has ever experienced.
We must create wealth and we must cut our deficits.
Traditionally, the way deficits have been cut is you hold expenditures more or less constant in real dollars and then let growth come in to fill it up.
The most positive step is to try to expand the employment base by making it, if not economically friendly, at least not economically disastrous, for studios to take on deficits.
Investment bankers do much of their business underwriting government bonds, in the United States and abroad. Therefore, they have a vested interest in promoting deficits and in forcing taxpayers to redeem government debt.
The truth of the matter is that countries the world over have deficits. Let us remember this about Scotland's deficit: it was not created in an independent Scotland; it was created on Westminster's watch.
The company must be profitable. Preferably it will have increased its earnings for the past five years and there will have been no deficits over that period.
President Obama met with leaders of the American Indian tribes and they honored the president by giving him his own Indian name: Running Deficits.
We may casually talk of all sorts of new programs and 'stimulus,' but the vast trillion-dollar collective national debt and rising annual deficits will insidiously hamstring almost everything we plan to do.
When the economy is still struggling, putting people back to work, finding ways to spur economic activity, ultimately can help to reduce the structural deficits and debts that countries experience.
There are several silver linings on the horizon. The current account deficits in Spain and Portugal are declining because they have become more competitive and they're exporting more.
I believe we can and should have it all. Lower deficits but higher spending. More peace with a bigger military that goes off and kills terrorists and whatnot. A cleaner environment without forcing SUVs off the road.
Governments harangue about deficits to get more revenue so they can spend more.
I think it's absolutely clear that the fiscal path we are on is not sustainable, and for me, the best analogy is these deficits are like a cancer, and over time they will destroy the country from within.
On the issues that I care deeply about - the environment, Roe vs. Wade, the war in Iraq, with no weapons of mass destruction, the tax cuts that are now leading to deficits, I've got some deep issues with the president.
Under Reagan's policies, inflation and nominal GNP growth shriveled much faster than predicted, throwing off government revenue estimates and resulting in budget deficits.
New taxes are so unpopular that most 'social' handout schemes are originally enacted without enough increased taxation to pay for them. The result is chronic government deficits, paid for by the issuance of additional paper money.
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