Savings Quotes

We can't get to the $4 trillion in savings that we need by just cutting the 12 percent of the budget that pays for things like medical research and education funding and food inspectors and the weather service. And we can't just do it by making seniors pay more for Medicare.

Social security, bank account, and credit card numbers aren't just data. In the wrong hands they can wipe out someone's life savings, wreck their credit and cause financial ruin.

Well-functioning financial systems are important in achieving sustained economic growth. They play a crucial role in channeling household savings into the corporate sector and allocating investment funds among firms.

With Americans worried about losing their jobs, their savings, their homes and their chance at the American Dream, the New Direction Congress will work in a bipartisan way to lift our economy and help America's middle class.

Influence is like a savings account. The less you use it, the more you've got.

Beginning in June, Alabama seniors previously without prescription drug coverage should begin to see savings of between 10 and 25 percent on their medications.

In economic panics throughout history, the wiping out of the savings accounts of lower earners and the middle class has often led to social revolution, sometimes violent upheavals.

Those carrying a credit card balance should scale back to making the minimum payment each month so they have more money to put into savings.

We need to end permanently the tax that punishes American values of savings and investment and of building small businesses and family farms and ranches.

The most disappointing thing this week is that Mitt Romney picked Paul Ryan, because he was the intellectual leader of the Republican Party. Because Paul Ryan decided to join Mitt Romney's ticket, he is completely reversed himself on some of the issues he has been very strong on, like the $716 billion in savings that are in two of his budgets.

The major economic policy challenges facing the nation today - pick your favorites among the usual suspects of low public and household savings, concerns about educational quality and achievement, high and rising income inequality, the large imbalances between our social insurance commitments and resources - are not about monetary policy.

There's been a lot said about Social Security reform. What has been left out of the debate is the double tax on Social Security benefits. I believe it's time to get rid of a tax that punishes seniors and discourages work and retirement savings.

Voluntary personal savings accounts would enable future retirees to harness the power of the marketplace when saving for their retirements.

Spending only what the country can afford, rewarding savings, encouraging independence, supporting marriage: people know that these things are common sense.

Well British pension funds have not been investing the savings of British people in British infrastructure.

Since Social Security faces a large gap between what it promises younger workers and what it can afford to pay them, private savings will likely need to play a larger role in retirement planning for younger workers.

Good health is not something we can buy. However, it can be an extremely valuable savings account.

Social Security is not a retirement savings plan; it is a social insurance program. It's a contract that says, as a society, we will look out for you and your family when you can no longer work.

A system of capitalism presumes sound money, not fiat money manipulated by a central bank. Capitalism cherishes voluntary contracts and interest rates that are determined by savings, not credit creation by a central bank.