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Terms Of Service
Martin Luther King, Jr.
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National Debt Quotes
President Obama has almost doubled our national debt to more than $19 trillion, and growing. And yet, what do we have to show for it? Our roads and bridges are falling apart, our airports are in Third World condition, and forty-three million Americans are on food stamps.
Our growing national debt is a threat to our national defense and to our domestic priorities, including research and development, education, health care, and investments in our economic growth.
A national debt, if it is not excessive, will be to us a national blessing.
Our nation stands at the crossroads of liberty. Crushing national debt, rampant illegal immigration, insane business regulations and staggering national unemployment are pushing our nation into unchartered territory.
How does one leave Social Security and Medicare untouched, grow defense by more than $50 billion, slash taxes, launch a $1 trillion infrastructure program - and not explode the deficit and national debt?
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.
A sagging economy, a soaring national debt, and an increasingly restive Congress pushed Obama to order troop reductions that are both deeper and faster than recommended by his military commanders.
Blessed are the young for they shall inherit the national debt.
I found this national debt, doubled, wrapped in a big bow waiting for me as I stepped into the Oval Office.
When you run a company, you want to hand it off in better shape than you found it. In the same way, just as we shouldn't leave our children or grandchildren with mountains of national debt and unsustainable entitlement programs, we shouldn't leave them with the economic and environmental costs of climate change.
During the 2016 presidential campaign, candidate Donald Trump pledged to eliminate our national debt 'over a period of eight years.' Now two years into his administration, our national debt has increased, surpassing $21 trillion for the first time in American history.
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.
Ultimately, we can't just keep doubling our national debt every eight years. We have got to get that under control and not spend more than we bring in.
When George W. Bush entered office, the national debt was $5 trillion. When he left, it was $10 trillion. I think the administration spent too much money.
Tea Partiers hate government more than they hate the national debt. They refuse to reduce that debt with tax increases, even with tax increases on the wealthy, because a tax increase doesn't reduce the size of government.
Will I obliterate national debt? Sure, why not?
The Missourians I hear from just don't buy the idea that the only way to tackle the national debt is to drastically alter Medicare and Social Security.
I'm witnessing the problems that the federal government is passing down in terms of drones, in violation of our civil liberties, spying on our citizens, death panels in the form of the government taking over the health care system and the national debt they're just saddling our grandchildren with.
When I left Washington, we actually had a balanced budget and we paid down the most amount of the national debt in modern history and cut taxes and created jobs. And I was the chief architect of that plan in '97.
Because Social Security has not contributed to our debt, Americans should be skeptical of any politician who says that benefits Americans have earned must be reduced in order to address our national debt.
The U.S. has a law on the books called the debt limit, but the name is misleading. The debt limit started in 1917 for the purpose of facilitating more national debt, not reducing it. It still serves that purpose. It's unconnected to spending, hurts our credit rating and has been an abject failure at limiting debt.
Our national debt poses a threat to all Americans and is particularly troublesome both for well-established businesses and for those seeking to enter into the marketplace.
The Citizen's Petition reflects Vermont's spirit of pragmatism and across-the-board cooperation. I applaud the 'Campaign to Fix the Debt' for calling attention to one of the country's most pressing problems, our ballooning national debt, and for urging policymakers to find practical solutions.
On any measure, Spain's bank rescue has been a disaster. A hundred million euros have been added to the national debt, ten-year bonds are at a record high and the country's credit rating has been downgraded three notches.
Our health-care morass is like the problems of global warming and the national debt - the kind of vast policy failure that is far easier to get into than to get out of. Americans say that they want leaders who will take on these problems.
When I was a youngster growing up in South Dakota, we never referred to the national debt, it was always referred to as the war debt because it stemmed from World War I.
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