Debt Quotes

It is imperative that we make consumers more aware of the long-term effects of their financial decisions, particularly in managing their credit card debt, so that they can avoid financial pitfalls that may lead to bankruptcy.

Plus, 40% of our debt is owned by foreign interest. I can't support a plan that passes along cost burden to our children and makes us more reliant on foreign dollars.

It is simply science fiction fantasy to say that, if you do not raise the debt ceiling, that everything is going to collapse.

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.

The great increase in longevity has produced a surge in the desire to accumulate assets for retirement. It has outpaced the ability of the private sector to produce assets, so we need a larger government debt.

Pain and sorrow and misery have a right to our assistance: compassion puts us in mind of the debt, and that we owe it to ourselves as well as to the distressed.

Well, as I said, you know the issue of Greek debt, they've grasped the principle of debt reduction. I think most people would argue that probably more needs to be done on that front, and they've just begun to take the first steps to accepting that there's going to have to be much closer economic integration in Europe.

I really truly worry that the debt is one of the single biggest threat to the United States of America, that we're talking about a problem that is multi-trillion in its depth and I think we ought to be cutting more.

You know those movies where the people in the audience are screaming, 'Don't go in that door!' because you know the killer is there? Well, it is the same thing with this debt. We know how this ends.

Civilization has given us enormous successes: going to the moon, technology. But then this is the civilisation that took us to debt, environmental crisis, every single crisis. We need a civilization where we say goodbye to these things.

Raising the debt ceiling is not additional spending. It is simply saying, you, the United States of America, can continue to borrow the money you need to pay the bills you have already rung up.

Education: A debt due from present to future generations.

If you raise taxes on millionaires and billionaires, you'll do nothing to address the debt and the deficit. And the thing you might do is you might finally put this economy over another cliff. These millionaires and billionaires are the folks that try to create jobs and help grow the economy.

Blessed are the young for they shall inherit the national debt.

Greece's European neighbors were able step in and bolster the weak foundation on which Greece's free-spending budget was based. It would be difficult for any country, or intergovernmental organization, to rescue an economy the size of the U.S. if investors were ever to lose faith in our bonds because of our enormous debt.

Like almost everyone who uses e-mail, I receive a ton of spam every day. Much of it offers to help me get out of debt or get rich quick. It would be funny if it weren't so exciting.

First our pleasures die - and then our hopes, and then our fears - and when these are dead, the debt is due dust claims dust - and we die too.

What we define as a bubble is any kind of debt-fueled asset inflation where the cash flow generated by the asset itself - a rental property, office building, condo - does not cover the debt incurred to buy the asset. So you depend on a greater fool, if you will, to come in and buy at a higher price.

Debt, n. An ingenious substitute for the chain and whip of the slavedriver.

For me, there will be no enemies but unemployment, the deficit, excessive debt, economic stagnation and anything else that keeps our country in these critical circumstances.

I think people are confused about what the Tea Party is. I mean, they were a broad cross-section of Americans who came together concerned about our debt and our spending. And they're interested in constitutional, limited government. And so they're not one group of people. They're thousands of small groups all over the country.

I think we are not serious about attacking the long-term debt problem, and that's one of the things that he's going to have to find a way to get on the agenda.

So about twenty years ago I gave up on painting - and got into terrible debt after buying a load of camera gear!

As the United States chains itself down with greater debt, China is building relationships across the globe to bolster its trade, its access to natural resources, and its energy consumption. In far too many cases, this means lost opportunities for America and our businesses.

I've always acknowledged my debt to Hammer. I've always said I'm very grateful to them. They gave me this great opportunity, made me a well known face all over the world for which I am profoundly grateful.

The men and women on the front lines of the war on terror continue to risk their lives to save ours - and for that we owe them a debt that we can never truly repay. Thanks to their efforts we have made tremendous progress. Yet, the job is not done.

To date, every American citizen has nearly $27,000 in public debt riding on our backs.

Now we are raising the debt limit 3 times, up to $8 trillion, so that our children and our grandchildren will have to pay for the cost of our expenditures.

You remember had this gigantic clock in the arena showing the size of the national debt. And Paul told America, if you elect Republicans, we can fix that. But, if Paul Ryan was being honest, he would've pointed to the debt clock and said, we built that.

Well, the problem of the federal government is that they print money and go in debt. That's their national policy, Democrats and Republicans it doesn't matter. And this is where I differ.