Trillion Quotes

I know that my Republican colleagues are as ashamed as I am that the United States is forced to borrow over $1 trillion from foreign nations to pay for our national priorities like reconstruction of the gulf coast and the war in Iraq.

In December, I agreed to extend the tax cuts for the wealthiest Americans because it was the only way I could prevent a tax hike on middle-class Americans. But we cannot afford $1 trillion worth of tax cuts for every millionaire and billionaire in our society. We can't afford it. And I refuse to renew them again.

Social Security represents an $11 trillion unfunded obligation. And when I say unfunded obligation, I mean we have to come up with $11 trillion at some point to make the system whole.

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.

It is a foregone opportunity that we could have a trillion dollars more of income for the United States if we were producing at capacity rather than falling so far short of it.

Look, I am not worried about Washington cutting too much spending too fast. I mean, the kinds of spending cuts we're talking about just right now are $100 billion out of a $3.7 trillion budget.

What is the biggest public forum in the United States? We were told it's the Super Bowl. The ad shows kids working at blue-collar jobs, and the final statement is just written text: Who's going to pay for the trillion dollar deficit?

The government has made $44 trillion in promises we can't afford to keep. We must get serious now about our long-term budgetary problems, recognizing that the sooner we act, the less painful the choices will be.

Mr. Obama denounced the $2.3 trillion added to the national debt on Mr. Bush's watch as "deficits as far as the eye can see." But Mr. Obama's budget adds $9.3 trillion to the debt over the next 10 years. What happened to Obama the deficit hawk?

And the trajectory that our debt is taking now beyond $14 trillion is going to have an impact on our currency. It goes south, and our currency's going to have an impact on our standard of living and affect every family in this country, and over time, our international competitiveness.

I'm not living for when I have a Number One record or when I make a million trillion dollars. I'm not doing this to get somewhere else. I'm doing it because I'm doing it.'

Before we give you billions more, we want to know what you've done with the trillion you've got.

We invite American companies looking to raise capital to list on the Bahrain Stock Exchange. The region has a liquidity oversupply approximating $1 trillion and this pool of capital can be tapped into by creative American companies. The next Facebook may very well get funded on the BSE.

Tonight was a great opportunity to take on the political status quo that has given us trillion dollar deficits and put millions out of work. Our objective was to inject some common sense into the conversation among Republicans at a time when business-as-usual simply won't work.

We can no longer afford the war in Iraq. Our financial costs have already passed a third of a trillion dollars; the lifetime costs for this war, in both human and economic terms, will be borne by Americans for generations to come.

America is not better off than it was $1.8 trillion dollars ago.

Every American knows there are government expenses that are absolutely not necessary. I disagree with the very idea that our government is spending $2.4 trillion in the most efficient manner.

But the point you need to know is that no president at war cut taxes $1.5 trillion, like Bush did.

You can't pay for healthcare if we're sending a trillion dollars a year to dictators.

Back in 2008, candidate Obama called a $10 trillion national debt 'unpatriotic' - serious talk from what looked to be a serious reformer. Yet by his own decisions, President Obama has added more debt than any other president before him, and more than all the troubled governments of Europe combined. One president, one term, $5 trillion in new debt.

What's interesting is there are $12 billion of breaks in the energy bill that passed, yet we see that the sixth major oil companies in America last year made $1.1 trillion.

We have managed to acquire $13 trillion of debt on our balance sheet. In my view we have nothing to show for it. We haven't invested in our roads, our bridges, our waste-water systems, our sewer systems. We haven't even maintained the assets that our parents and grandparents built for us.

There's a need to reform Medicare, but not a need to cut a half trillion dollars out of Medicare.

President Obama has offered a plan with 4 trillion dollars in debt reduction over a decade, with two and a half dollars of spending reductions for every one dollar of revenue increases, and tight controls on future spending. It's the kind of balanced approach proposed by the bipartisan Simpson-Bowles commission.

You bet every member of Congress who votes for this bill ought to read it, read it thoroughly, and understand that what we're looking at here amounts to nothing more than a government takeover of our health care economy, paid for with nearly a trillion dollars in new taxes on individuals and small businesses. And it must be opposed.

A trillion here, a trillion there and pretty soon you're talking about real money.

In speech after speech on his health care plan, the President has tried to convince us that what he is proposing will be good for America. But, how can it be good for America if it raises taxes by a half trillion dollars and costs a trillion dollars or more to implement?

I said in October of 2008 that there was no proof that Iraq had weapons of mass destruction or had the intention or capability of attacking the United States. Here we are. Almost 4,700 troops died, tens of thousands injured, over a million Iraqis dead. It will cost $5 trillion in the end for the war.

I want to share with the American people that President Bush and the Republican majority in just 4 years have borrowed $1.05 trillion from foreign nations. That is selling our country to other nations because of the spending that is going on.

Domestic travel and tourism-related spending has reached $1 trillion a year.