Debt Quotes

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.

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.

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.

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.

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.

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

I fear that the rising personal bankruptcies and repossessions are the first signs of bigger problems to come and personal debt - Gordon Brown's legacy to millions of Britain's families - will hang like a millstone around the neck of the British people for years to come.

We have to reduce the burden placed on our economy by years of deficits and debt.

Spain is finding it very difficult to finance itself with sovereign debt risk premium so high.

It's disrespectful to tell the French in the morning that you're going to reduce the debt, in the evening that you're not going to make any savings, and the next morning, after thinking about it, that you're going to spend more.

When you take a look at the problems our country is facing, debt is No. 1. The math is downright scary and the credit markets aren't going to keep on giving us cheap rates.

Debt is one person's liability, but another person's asset.