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.
quote by John Spratt
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Related quotes
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?
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.
quote by Sarah Palin
Submitted by Lucian Velea
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When It Cuts
cannot justify your envy
But I will be understanding when you stay
Then I will satisfy you in every (way)
But I'm not feeling coherent when you say
When it cuts, it cuts, it cuts hard
And I
When it cuts, it cuts, it cuts hard
And I die again
Again
Though I'm right, I don't think I'll win this fight
But I'm trying though it's ripping me inside
Just in case that I'm taking up your space
I'll be feeling too, whatever's left inside
When it cuts, it cuts, it cuts hard
And I
When it cuts, it cuts, it cuts hard
And I die again
I can't go on
I'm not that strong
I'm so alone
You just gotta set me free
I'm still living day, no way
I don't care what you say
Your eyes dispise my lies
Just say goodbye
When it cuts, it cuts, it cuts hard
And I
When it cuts, it cuts, it cuts hard
And I die again
Again, again
Waste your breath
song performed by by Ill NiO
Submitted by Lucian Velea
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When It Cuts
cannot justify your envy
But I will be understanding when you stay
Then I will satisfy you in every (way)
But I'm not feeling coherent when you say
When it cuts, it cuts, it cuts hard
And I
When it cuts, it cuts, it cuts hard
And I die again
Again
Though I'm right, I don't think I'll win this fight
But I'm trying though it's ripping me inside
Just in case that I'm taking up your space
I'll be feeling too, whatever's left inside
When it cuts, it cuts, it cuts hard
And I
When it cuts, it cuts, it cuts hard
And I die again
I can't go on
I'm not that strong
I'm so alone
You just gotta set me free
I'm still living day, no way
I don't care what you say
Your eyes dispise my lies
Just say goodbye
When it cuts, it cuts, it cuts hard
And I
When it cuts, it cuts, it cuts hard
And I die again
Again, again
Waste your breath
song performed by by Ill NiO
Submitted by Lucian Velea
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We certainly could have voted on making the middle-class tax cuts and tax cuts for working families permanent had the Republicans not insisted that the only way they would support those tax breaks is if we also added $700 billion to the deficit to give tax breaks to the wealthiest 2 percent of Americans. That's what was really disturbing.
quote by Debbie Wasserman Schultz
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Over Now
Good night...
Yeah, its over now, but I can breathe somehow
When its all worn out, Id rather go without
You know its been on my mind
Could you stand right there
Look me straight in the eye and say
That its over now
We pay our debt sometime
Well its over now, yet I can see somehow
When its all gone wrong, its hard to be so strong
You know its been on my mind
Could you stand right there
Look me straight in the eye and say
That its over now
We pay our debt sometime
Yeah, we pay our debt sometime
We pay our debt sometime
Yeah, we pay our debt sometime
Guess its over now, I seem alive somehow
When its out of sight, just wait and do your time
You know its been on my mind
Could I stand right here
Look myself in the eye and say
That its over now
We pay our debt sometime
Yeah, we pay our debt sometime
We pay our debt sometime
Yeah, we pay our debt sometime
song performed by by Alice In Chains
Submitted by Lucian Velea
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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.
quote by Rick Perry
Submitted by Lucian Velea
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Remembering Grandpa
grandpa was strict
i remember
for a Red Cross Donation
that i asked from him
and which he considers
as my debt
he did not forget
to remind me and
thus collect
i was then 12 and he
was 60
i was disappointed but
he did not mind
a debt is a debt and must
be paid
the years may have buried
him for good
but the memory of a debt
paid still lingers
the numbers are clear
as always
some words may have faded
but the feeling
sticks like a scar
in my face....
poem by Ric S. Bastasa
Submitted by Poetry Lover
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But the debt limit obviously is something that needs to and will be passed. That is not inconsistent with a process and a belief that we have to get significant deficit reduction.
quote by David Plouffe
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The debt and the deficit is just getting out of control, and the administration is still pumping through billions upon trillions of new spending. That does not grow the economy.
The deficit - the U.S. knows our deficit is too large. We are committed to bringing it down. We are bringing it down. The deficit came in for fiscal year '05 at considerably below where it was the prior year.
quote by John W. Snow
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You've got to either say you're going to cut taxes and find some spending cuts. I think we ought to reform long-term entitlement spending in the country, but you can't out of one side of your mouth say, 'Yes, we're for tax cuts, we're for spending discipline, and we're for bringing down the debt.'
quote by Harold Ford
Submitted by Lucian Velea
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Cuts Both Ways
It cuts both ways
Our love is like knife
That cuts both ways
Its driven deep into my heart each time
That I realize
How it cuts both ways
Cant be together
Cannot live apart
Were heading straight into a broken heart
But I cant stop
(bridge)
cause I feel too much to let you go
Im hurting you and its hard I know
To stay and fight for what weve got
Knowing itll never be good enough
cause you and I are dangerous
We want too much and life aint that way
Dont ask for more
Dont be a fool
Havent we already broken every rule
It cuts both ways, were in too deep for sorry alibis
Cant have regrets or even question why
We cant say goodbye
Because it cuts both ways
No more illusions of the love we make
No sacrifice would ever be too great
If you would just stay
(bridge)
Cuts both ways
Our love is like a knife that cuts both ways
Its drivin deep into my heart each time I see we livin the lie
And it cuts both ways
It cuts both ways, mmm
Cuts both ways
Cuts both ways
song performed by by Gloria Estefan
Submitted by Lucian Velea
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Cuts Both Ways
It cuts both ways
Our love is like a knife
That cuts both ways
It's driven deep into my heart each time
That I realize
How t cuts both ways
Can't be together
Cannot live apart
We're heading straight into a broken heart
Bu I can' stop
BRIDGE:
'Cause I feel too muc to let you go
I'm hurting you and it's hard I know
To stay and fight for what we've got
Knowing it'll never be good enogh
'Cause you and I are dangerous
We want too much and life ain't that way
Don't ask me for more
Don't be a fool
Haven't we already broken ever rule
It cuts both ways
song performed by by Gloria Estefan and Miami Sound Machine from Cuts Both Ways
Submitted by Lucian Velea
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We are worried about the size of the deficit, which is why the president is pleased that the House and Senate have followed his lead in cutting the deficit in half over the next five years.
quote by Ken Mehlman
Submitted by Lucian Velea
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Global Deficit
There is a global climbing,
Economic deficit.
And those hungry and homeless,
Had nothing to do with it.
Their lives have been shattered and torn,
With little concern...
To correct this and get their lives fixed.
There is a global climbing,
Economic deficit.
With few blaming the greedy...
Or the thieves employed,
That caused all of it.
Where is this heading?
As divisions of conflicts split?
Only more distrust becomes the experience.
And that seems to be the greatest effectiveness,
Of this...
Global deficit!
poem by Lawrence S. Pertillar
Submitted by Poetry Lover
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It's What You Are To Me
A heartfelt word
A sad goodbye
To hear you laugh
To see you cry
It all adds up
Its what you are to me
A hold of hands
A kiss to cheek
Still makes my heart
Skip that beat
It all adds up
Its what you are to me
Without you
I'd be lost
But my mind doesn't reach that far
You're my one for life
You're my guiding star
It all adds up
It's what you are to me
It's what you are to me
To memorise your sentences
To capture every word
To have every smile you've ever given me in my heart
I couldn't bare to be apart
It all adds up
It's what you are to me
poem by Lucy Vernezze
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Unless the trade deficit shrinks, the combination of the trade deficit and the interest and dividend payments to foreigners will grow ever more rapidly.
quote by Martin Feldstein
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As the U.S. trade deficit, and the portion of that deficit attributed to China, continue to grow, our own economy is at risk of losing its reputation as a leader in world trade.
quote by Jo Ann Emerson
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The only justification for repressive institutions is material and cultural deficit. But such institutions, at certain stages of history, perpetuate and produce such a deficit, and even threaten human survival.
quote by Noam Chomsky
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