“I, however, place economy among the first and most important republican virtues, and public debt as the greatest of the dangers to be feared.”
Thomas Jefferson
“I go on the principle that a public debt is a public curse, and in a Republican Government a greater curse than any other”
James Madison
“Three and one-half years ago, Republicans promised they could cut taxes, eliminate the national debt and keep the economy booming. Instead, our country lost jobs, and we turned a $236 billion surplus into a deficit that now approaches $500 billion, ... That surplus was created in large part because Democrats in Congress -- leaders like John Kerry -- were willing to make the tough choices needed to balance budgets and rein in spending.”
Mark Warner
“We have a promise not to let our debt grow faster than our economy, ... I'm concerned. I'm taking action.”
Carole Taylor
“We still have an outstanding debt on the casino. Until we pay that off it doesn't make good economic sense to ask for another $254 million.”
William Reed
“The good news is it drives the economy. The bad news is it adds to the household debt burden.”
Samuel Gerdano
“Despite the risks to the economy, such as a potential retrenchment by consumers or the whole question of high debt levels, you seem to have the ingredients for a self-reinforcing recovery.”
Carey Leahey
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