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Deficit Quotes (page 6)

To reduce deficit spending and our enormous debt, you reign in spending. You cut the budget. You don't take more from the private sector and grow government with it. And that's exactly what Obama has in mind with this expiration of Bush tax cuts proposal of his. Sarah Palin
Reconciliation cannot be used to pass comprehensive health care reform. It won't work because it was never designed for that kind of significant legislation; it was designed for deficit reduction. Kent Conrad
We have to honor our commitments to today's beneficiaries, but we can't solve the growing deficit and debt problems unless we are smart, courageous, and sensible in planning for future. Nan Hayworth
George Osborne quote: "It's not easy cutting welfare bills. It's not easy cutting the..."
It's not easy cutting welfare bills. It's not easy cutting the deficit. George Osborne
George Osborne quote: "Cutting budget deficits can never be just an exercise in..."
Cutting budget deficits can never be just an exercise in economics. George Osborne
Peter Orszag quote: "Well, I think what we need to remember is that budget deficits..."
Well, I think what we need to remember is that budget deficits can impede economic activity. Peter Orszag
Well, a deficit reflects an imbalance between spending and revenue, and so narrowing it requires acting on one, the other or both. Peter Orszag
Peter Orszag quote: "Social Security faces a long-term actuarial deficit, yes."
Social Security faces a long-term actuarial deficit, yes. Peter Orszag
Yes, it is long past time we get serious about tackling the nation's ever-growing deficits. But the average American family drawn into serious debt cannot just threaten to stiff its creditors. It must cut its spending in the future, but also take responsibility for the debt incurred in the past. Peter Welch
No party has a monopoly on wisdom. No democracy works without compromise. But when Governor Romney and his allies in Congress tell us we can somehow lower our deficit by spending trillions more on new tax breaks for the wealthy - well, you do the math. I refuse to go along with that. And as long as I'm President, I never will. Barack Obama
And so our goal on health care is, if we can get, instead of health care costs going up 6 percent a year, it's going up at the level of inflation, maybe just slightly above inflation, we've made huge progress. And by the way, that is the single most important thing we could do in terms of reducing our deficit. That's why we did it. Barack Obama
Cutting the deficit by gutting our investments in innovation and education is like lightening an overloaded airplane by removing its engine. It may make you feel like you're flying high at first, but it won't take long before you feel the impact. Barack Obama
Canada is in budgetary deficit now only because of the recession, only because of stimulus measures, and we will come out of it. We will go back into surplus position when the economy recovers. So there is no need in Canada to raise taxes. Stephen Harper
The TUC's new slogan 'a future that works' sets a profound challenge. Austerity and rapid deficit reduction is failing in its own terms, but even at its best it is short-sighted, muddle-through politics with no vision of a new economic model. Frances O'Grady
Near-term deficits are temporary and manageable if - and only if - we keep spending in check, the tax burden low and the economy growing. Jim Nussle

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