Deficits are like putting dynamite in the hands of children. They can get out of control very quickly.
The only way to eliminate the deficit in the long run is through growth.
It is vital that we get these policies right as we take forward our plans to drive down the deficit and transform our economy.
I am fighting for those middle-class families who want us to deal with our debt and deficit, but they also want the investments that are critical to our country moving forward.
D energy - Domestic jobs; Domestic energy; Deficit reduction.
Having a trade deficit and a budget deficit, it's two different things.
When Republicans used reconciliation in 2001 for the Bush tax cuts, they used it to increase the deficit. The whole purpose of reconciliation is for deficit reduction!
Although economists have studied the sensitivity of import and export volumes to changes in the exchange rate, there is still much uncertainty about just how much the dollar must change to bring about any given reduction in our trade deficit.
That's the kind of thinking that our country needs. When we have a country that's doing so badly, that's being ripped off by every single country in the world, it's the kind of thinking that our country needs, because everybody, we have a trade deficit with all of the countries that we do business with, of almost $800 billion a year.
The Donald Trump trade doctrine is this. America will trade with any country, so long as that deal meets these three criterion: You increase the GDP growth rate, you decrease the trade deficit, and you strengthen the manufacturing base.
I'm dyslexic, I have attention-deficit disorder, and I've got something like a hereditary tremor.
Faster economic growth helps raise the economy which raises revenues. And that helps us tackle the deficit. There's two things we've got to do to get rid of this debt. Deal with entitlements, that's why we're frustrated health care reform hasn't passed the senate yet.
We now know that inflation results from all that deficit spending.
Obama and the Democrats' preposterous argument is that we are just one more big tax increase away from solving our economic problems. The inescapable conclusion, however, is that the primary driver of the short-term deficit is not tax cuts but the lack of any meaningful economic growth over the last half decade.
We can't have deficit spending in Texas. You have to balance your budget every two years.
Essentially, when we run a deficit, we are borrowing money to buy things that are made overseas.
The young people I teach now know they are being sold down the river before we even start studying the trends and numbers. That's the toughest part of being a high school economics teacher. . . being a witness when our children realize that the greatest deficit of all is a deficit of leadership.
The national deficit is not rising.
Ronald Reagan felt very great regret about the deficits to which he contributed on his watch.
Is this money well spent? This is taxpayer money, it is going to be adding to the deficit short term and if we can't justify it, then we're not going to spend tens or hundreds of billions of dollars, just to make somebody happy, if it's not good for the economy.