Trillion Quotes

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.

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.

It took the first 204 years of our Nation's history to accumulate $1 trillion in debt. And now we are doing that every 2 or 3 years.

Over a period of 20 years, German reunification has cost 2 trillion euros, or an average of 100 billion euros a year. So, we have to ask ourselves: Aren't we willing to pay a tenth of that over several years for Europe's unity?

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.

When you look what is happening in this country with the debt, the deficit, the CBO coming out and saying once again we're going to have a trillion dollar plus deficit in 2012, the fourth straight year, and unemployment may be going back up to 8.9 or maybe nine percent by the end of the year, these are serious situations that are going.

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.

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.

Today we're faced with over 500 casualties, a cost of over $200 billion. And it could rise - the casualties could go into thousands and the cost could go over half a trillion - if we stay there for years.

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.

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.

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?

Beginning to dismantle the Pentagon would save $1 trillion a year - a small government proposal if ever there was one.

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.

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

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.

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.'

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.

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.

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?

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.

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.

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

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.

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.

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

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?

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

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