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

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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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We're committed to working with Congress to doing what the president said he was always going to do, which is cut the deficit in half over the - over his first term.
quote by Christina Romer

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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

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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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I am not worried about the deficit. It is big enough to take care of itself.
quote by Ronald Reagan

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My point is cutting spending shouldn't be reliant on the debt limit though. It's something we have to do. The good news for America is, leaders in both parties, the president, believe that we have to have significant deficit reduction. So the intent is there. And I think what America is going to demand is that our leaders come together.
quote by David Plouffe

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Democrats were quick to point out that President Bush's budget creates a 1 trillion dollar deficit. The White House quickly responded with 'Hey, look over there, it's Saddam Hussein.'
quote by Craig Kilborn

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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

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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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The President forgot to mention the Moon, Mars, and the federal deficit - all of which are sky-high.
quote by Brad Sherman

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I think where I differ a little bit, we absolutely have to think about the deficit looking down the road. And certainly that's something the president has said that we need to, as the economy recovers, have a plan in place for getting it down.
quote by Christina Romer

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Nation Under Siege
When the deficit is up and the Country is bankrupt
then they shall know
Why the reindeer paws were really on the house top
Why Humpy Dumpty was on the wall and
why Pinocchio Had to be a Liar
When unemployment is at an all time high and pollution on the rise
then they shall know
Why the Emperor's new clothes were invisible
Why Little Red Riding Hood was walking in the woods no less and
why her basket was taken
Why Sleeping Beauty slept right through those stressful trials of life and
why that old wolf kept hassling those three little innocent pigs
Just wait and see
When the deficit is up and the Country is bankrupt
then they shall know
they will finally know
Why the ugly duckling was the prettiest of them all an alas
Why little Cinderella became a Princess
Oh Yes
Then They Shall Know
Mathew 23 verse12 And whosoever shall exalt himself shall be abased and he that shall humble himself shall be exalted
poem by Patricia Rudolph

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Reconciliation is a special budget procedure to change entitlement and tax laws. It cannot be filibustered and requires only a simple majority in the Senate to be passed. It is primarily intended for deficit and mandatory spending reduction.
quote by Jeff Miller

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The president has been a true friend of the ag industry, because he continues to invest large amounts of money at a time when savings is really the goal of the federal government to deal with the deficit.
quote by Mike Johanns

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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.
quote by Chris Christie

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Cutting the deficit by gutting our investments in innovation and education is like lightening an overloaded airplane by removing its engine. It may make you feel like you're flying high at first, but it won't take long before you feel the impact.
quote by Barack Obama

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We have a serious structural deficit problem. And it needs to be addressed. The president is trying to address it through reforms of Social Security, but the problem is there with other entitlement programs like Medicare and Medicaid.
quote by John W. Snow

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

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