Debt Quotes

Washington's insatiable desire to spend our children's inheritance on failed stimulus plans and other misguided economic theories have given record debt and left us with far too many unemployed.

I can tell you if you look at the polls, Democrats, Republicans, Independents, they do not think we should increase the debt limit.

I talked to a lot of employers who just are, are fearful of what's coming next out of Washington. It's all the spending, it's all the debt. It's their national energy tax, they want to call it cap and trade - more mandates, higher costs, more taxes. Their healthcare bill - more mandates, higher costs, higher taxes.

Our nation owes a debt of gratitude to the 9/11 Commission members for their valuable service and important recommendations to improve homeland security.

Well, as a former small businessperson - I understand what's going on, I think in the business community. And businesspeople around the country are looking at all the spending and all the debt. They're looking at all the policies coming out of this Congress and this administration the last two years, and they - it's created all this uncertainty.

Every dollar that is printed should not represent a debt to private bankers. It should represent an investment potential in the common good, in the common needs of our country.

If it took multiple debt ceiling hikes, I'd rather achieve the savings.

I believed the only thing that could turn around this government spending and mounting debt would be if the people rose up.

The American people do not like privatization. They are afraid of the debt the president's willing to do. And they don't like benefit cuts. And everyone here should understand all 45 Senate Democrats are united. We are not going to let this happen.

If you have a lot of short-term debt, it means that all of that money can be demanded in a very short period of time. Technically, short-term debt means money that's coming due within a year. Typically, it means money that's coming due within 30 to 90 days.

But learn that to die is a debt we must all pay.

The middle and working classes are paying the debt that the financial markets created.

I think that when we look out with our underfunded liabilities and our national debt over $14 trillion, I think if we are part of that movement to get our government spending under control, I think that would be a tremendous legacy to leave.

Home life ceases to be free and beautiful as soon as it is founded on borrowing and debt.

The debt limits have to come down. The whole world of debt has to be changed as far as this country is concerned. We have to create jobs and we have to create them rapidly because if we don't things are just going to head in a direction that's going to be almost impossible to recover from.

I try to help developing junior chess. When I lived in USSR, I got a lot of free help from very good coaches - now I am trying to repay that debt.

I think at the end of the day we have to raise the debt ceiling, because America pays its bills.

To vote is like the payment of a debt, a duty never to be neglected, if its performance is possible.

I think that, you know, this is a different year than most years. We've got to tell the American people that we have to live with less. We have a $13.5 trillion debt. And the only way to do that is an honest campaign with honest people.

When I became CEO of Xerox 10 years ago, the company's situation was dire. Debt was mounting, the stock sinking and bankers were calling. People urged me to declare bankruptcy, but I felt personally responsible for tens of thousands of employees.

Britain is a textbook case of how growing inequality leads to economic crisis. The years before the crash were marked by a sharp rise in remortgaging and the growth of 0 percent balance transfer credit cards. By 2008 the UK had the highest ratio of household debt to GDP of any major economy.

We have a government that borrows $4 billion a day. We have a government that owes trillions of dollars in debt, half of that to foreigners, most of that to Chinese investors. I don't - that is extreme. Not only is it extreme. It's insane and it's unsustainable.

This time, instead of moving oceans and healing planets, let's get our bills in order and pay down the debt so we control our own future.

The fact that we are here today to debate raising America's debt limit is a sign of leadership failure. America has a debt problem and a failure of leadership. Americans deserve better. I, therefore, intend to oppose the effort to increase America's debt.

While President Bush's tax give-aways for the rich are pushing us further into debt, he compensates by increasing the out-of-pocket costs to our veterans.

Tonight I should like to thank all those who have shared my work and to acknowledge the debt that I owe to my wife whose encouragement to put research before all other things has been a great strength to me.

If we didn't propose these reforms, we would not have proposed a budget that got the debt under control.

We hear the stories every day now: the father who puts on a suit every morning and leaves the house so his daughter doesn't know he lost his job, the recent college grad facing up to the painful reality that the only door that's open to her after four years of study and a pile of debt is her parents'. These are the faces of the Obama economy.

I had been working for eight years and all I had to show for it was this horrible debt. At one point we had the bailiff at the door.

We can have tax cuts, but when we have tax cuts and do not have a surplus, the amount of the tax cut goes straight to the bottom line, adds to the deficit, and the deficit adds to the national debt, and sooner or later, the debt has to be paid.