We can have tax cuts, but when we have tax cuts and do not have a surplus, the … - John Spratt

Same topic Authors

Quote of the day

One thing that I would like to do that I've seen them not do that well is take women all through the process of the postpartum period in a more meaningful way. That would be my agenda.

John Spratt

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.

Add, Cutting, Debt, National, Surplus

Same Author Quotes

Three big assumptions proved wrong: one, that the Iraqi people would welcome us as liberators; two, that oil would soon pay for Iraqi's rebuilding; and, three, that we have plenty of troops, weapons, and equipment for the postwar situation.

Big, Iraqi, Oil, People, Situation, Two

As costs mount, in lives and dollars, it is natural to second guess, but one lesson I hope we have learned is that the U. S. cannot go it alone in a policy that leaves American troops taking all the risk and American taxpayers paying all of the costs.

Dollars, Hope, Lesson, Policy, Risk, Troops

Domestic discretionary spending on education and health care and the environment has been growing at 2 to 3 percent a year. He says we have to rein it in, but he ignores the spending category that is the big spike in the budget.

Budget, Education, Growing, Percent, Years

We developed during the 1990s a series of budget process rules that helped us bring to heel these deficits, diminishing every year and moving the budget so into surplus.

Diminishing, High Heels, Moving, Year, Years

Our country, the United States of America, may be the worlds largest economy and the worlds only superpower, but we stretch ourselves dangerously thin by taking on commitments like Iraq with only a motley band of allies to share the burden.

America, Commitment, Country, Motley, Thin