I've, we have in this state, like many other states, we're experiencing an enormous budget deficit that we're trying to grapple with. But we will have progress despite the deficits.

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I said we are going to balance an $11 billion budget deficit in a $29 billion budget, so by percentage, the largest budget deficit in America, by percentage, larger than California, larger than New York, larger than Illinois. And we're going to balance that without raising taxes on the people of the state of New Jersey.

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We had a $10 billion budget deficit when we got here in January of 2003. We cut that budget deficit; we did not raise taxes; we came back in '05, and we had an $8 billion surplus. That's how fast it can happen.

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Deficits mean future tax increases, pure and simple. Deficit spending should be viewed as a tax on future generations, and politicians who create deficits should be exposed as tax hikers.

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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?

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To reduce deficit spending and our enormous debt, you reign in spending. You cut the budget. You don't take more from the private sector and grow government with it. And that's exactly what Obama has in mind with this expiration of Bush tax cuts proposal of his.

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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.

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Unfortunately the Republican tax cut will deny important revenues to many states facing their own deficits. This will create greater pressure for higher state and local taxes.

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It can have an enormous effect because big budget movies can have big budget perks, and small budget movies have no perks, but what is the driving force, of course, is the script, and your part in it.

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For the last 4 years, our Federal Government has produced the four biggest deficits in history, and the estimated 2006 deficit of $423 billion is projected to be the largest of all.

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Bush may be a strong leader in the war on terrorism, but on budget deficits he is missing-in-action.

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Our priority must be to build a path towards balancing the budget, and we cannot tolerate growing deficits.

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When you look at the state of the economy right now, you have to set a priority. And my top priority is the deficit of jobs and economic growth, and especially this perception that the United States could be falling behind especially Asian economies.

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Deficits do not in themselves produce inflation, nor does a balanced budget assure a stable price level.

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What we do want to see is reforms that are going to have a permanent effect on the budget deficit.

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We can't have deficit spending in Texas. You have to balance your budget every two years.

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In a time of serious budget deficits, immense war costs and a sluggish economy, we cannot afford to grant such outlandish subsidies to some of our Nation's largest corporations.

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For one thing, one of the wonderful things that we now have is instead of the huge budget surpluses that President Clinton left us with, we now have these huge deficits that we're going to be facing into the future.

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Skids Into A Fizz

The budget?

The budget as it is,
Has skidded into a fizz.
No one chooses to say 'flop'...
Hoping that a plot is schemed,
To return smiling and gleaming grins again...
To those so close to giving up.

The budget?

The budget as it is,
Has skidded into a fizz.
With a 'don't-plop-me-down-now-thud'!
And added fuss and frustration.

The budget?
We monthy cuss that budget.
That budget...
Has us all caught up in corruptness.
And feuding over turf outsourced and sold.
Long ago.

The budget?
Skids into a fizz.
And folks with lips poked...
Still want to feel,
They can pop...
More champagne.

The budget?
Skids into a fizz.
And folks with lips poked...
Still want to feel,
They can pop...
More champagne.

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There's a stability and growth pact which was agreed for the eleven countries which tries to limit the size of budget deficits among the eleven countries.

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If you look at the studies coming out of the Congressional Budget Office, the number one thing that's going to blow a hole in the deficit as we go forward 20, 30 years is government spending on healthcare.

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