Quotes for All
During the fiscal year ending in 1861, expenses of the federal government had been $67 million. After the first year of armed conflict they were $475 million and, by 1865, had risen to one billion, three-hundred million dollars. On the income side of the ledger, taxes covered only about eleven per cent of that figure. … Read more
We’re actually just moving one type of deficit to another. But, the problem with this second type of deficit is that you drive on it and then it falls down. Ezra Klein
Challenges of historic import threaten America’s future. Action on the deficit, economy, energy, health care and much more is imperative, yet our legislative institutions fail to act. Congress must be reformed. Evan Bayh
Ronald Reagan felt very great regret about the deficits to which he contributed on his watch. Eugene Jarecki
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. Erskine Bowles
And there are a lot of groups or mayors that might say, hey, I need the money. I have budget deficit, so I have to do it and they do it. It doesn’t matter what the community wants or where the money comes from? Eric Bolling
As a child, Zaphod had been diagnosed with ADHDDAAADHD (ntm) ABT which stood for Always Dreaming His Dopey Days Away, Also Attention Deficit Hyperflactulance Disorder (not to mention) A Bit Thick. Eoin Colfer
Our attention span is shot. We’ve all got Attention Deficit Disorder or ADD or OCD or one of these disorders with three letters because we don’t have the time or patience to pronounce the entire disorder. That should be a disorder right there, TBD – Too Busy Disorder. Ellen DeGeneres
Tax rates for the wealthy should revert to Clinton-era levels, both because it is necessary for long-term deficit reduction and because fairness dictates it. Moreover, there is no proof that higher marginal rates dissuade investment, all the rhetoric from the Right notwithstanding. Eliot Spitzer
The only way to eliminate the deficit in the long run is through growth. Edward Lazear