Debt Quotes

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.

I consider myself a product of Alaska. The love and the debt that I feel to my home state, you always want your hometown to be the proudest of you.

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.

Have you noticed the debt is exploding? And it's not all because of Medicare.

Solving a problem created by debt... by creating more debt is a fool's errand.

And it's also producing a growth in debt to the United States that will weight very heavily in a country that has to address issues like having more old people to be covered by Social Security or by pension in the future.

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.

President Obama's call for nearly a half-trillion dollars in more government stimulus when America has more than $14 trillion in debt is guided by his mistaken belief that we can spend our way to prosperity.

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.

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.

That's what the Romney plan is all about, how to get jobs created, how to get this debt and deficit under control, how to revive small businesses so we can create jobs, and how to bring growth and opportunity to society instead of this class warfare, instead of speaking to people like they're stuck in some class or station in life.

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.

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.