Debt Quotes

Greece will not manage to get back on its feet without restructuring its debt. There is no way around it. The country's creditors will have to reduce a portion of its debts by extending maturity dates, lowering interest rates or giving them what's called a 'haircut' in financial jargon.

You cannot spend your way out of recession or borrow your way out of debt.

And that's how we build the economy of the future. An economy with more jobs and less debt, we root it in fairness. We grow it with opportunity. And we build it together.

America pays its bills. It always has. It always will. The fact that Washington is now debating whether to honor its debts and obligations, then, should come as a surprise. But playing political football with a necessary vote to raise the nation's debt ceiling has become as predictable as a Twitter rant from Charlie Sheen.

Every professional athlete owes a debt of gratitude to the fans and management, and pays an installment every time he plays. He should never miss a payment.

The debt of gratitude we owe our mother and father goes forward, not backward. What we owe our parents is the bill presented to us by our children.

Greece is a medium-sized country in Europe. Our debt accounts for only 2.5 percent of the total of all members of the euro zone.

The early part of my career I really struggled, getting turned down again and again. I was in debt, and it was horrible. And then my family hit such highs in their careers, I asked myself what I was thinking going into the same profession.

The President didn't offer any clarity in his latest speech about what he would do to tackle our nation's debt before it tackles us and it's still not clear how he'll keep Medicare from going bankrupt. One thing is clear though, Barack Obama isn't interested in governing or putting forward solutions to fix our nation's problems.

No one should be incarcerated for debt or squeezed for money they have no chance of getting their hands on.

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.

When your country is in a costly war, with our soldiers sacrificing abroad and our nation facing a debt crisis at home, being asked to pay your fair share isn't class warfare - it's patriotism.

We are a big country, with lots of advantages and history. We are proud to be French. We have to call on patriotism at this time... to ask for an effort in the battle against debt.

But the debt limit obviously is something that needs to and will be passed. That is not inconsistent with a process and a belief that we have to get significant deficit reduction.

About two-thirds of bachelor's degree holders borrow to go to school, and on average they're graduating with more than $26,000 in debt.

I have a debt, a loyalty to the museum; the best place for me to do what I wanted to do.

Less than a year after loading the company up with debt, Romney and Bain gave themselves bonuses four times bigger than the $8 million they had put into the deal.

Any creator owes a debt to past creation.

Most of the major increases in the debt ceiling have been accompanied by structural changes in the way we raise and spend money.

A true lover always feels in debt to the one he loves.

My point is cutting spending shouldn't be reliant on the debt limit though. It's something we have to do. The good news for America is, leaders in both parties, the president, believe that we have to have significant deficit reduction. So the intent is there. And I think what America is going to demand is that our leaders come together.

If you look internationally over the last 50 years there have been improvements in the third world, but in the last 20 years the reverse has happened, with debt crises and increased poverty.

Municipal debt outstanding doubled in the past 10 years. And in the past 30 years, the U.S. has been in real economic nirvana.

Some people use one half their ingenuity to get into debt, and the other half to avoid paying it.

I owe a debt of gratitude to two other living Justices. Sandra Day O'Connor and Ruth Bader Ginsburg paved the way for me and so many other women in my generation. Their pioneering lives have created boundless possibilities for women in the law. I thank them for their inspiration and also for the personal kindnesses they have shown me.

Marriage, like death, is a debt we owe to nature.

The amount of U.S. debt held by countries such as China and Japan is at a historic high, with foreign investors holding half of America's publicly held debt. This dependence raises the specter that other nations will be able to influence our policies in ways antithetical to American interests.

I would vote against raising the national debt ceiling. Again, this is about mortgaging the future of unborn generations of Americans. It's a form of taxation without representation. I don't think we can do that.

Thousands of Ohio families are going deeper and deeper in debt just trying to pay their heating bills, fill prescriptions, and buy groceries. The current minimum wage is simply not enough.

Our ministry is debt free and we have not had to beg or plead for finances.