“We don't have a trillion-dollar debt because we haven't taxed enough; we have a trillion-dollar debt because we spend too much”
Ronald Reagan
“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
“You cannot spend your way out of a recession or borrow your way out of debt... You know and we know and you know that we know that it's nonsense... The European Commission has said so. The markets say so, ... In a few months, the voters will have their chance to say so, too. They can see what the markets have seen: that you are the devalued Prime Minister of a devalued Government"”
Daniel Hannan
“Debt is the fatal disease of republics, the first thing and the mightiest to undermine governments and corrupt the people”
Wendell Phillips
“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
“This isn't for capital projects like roads and bridges. It's for private groups. A lot of this is taxpayer-supported debt going to the private sector. In some cases it might be warranted, but our very basic recommendation is to let people know what it is.”
Erika Rosenberg
“Folks, I don't want my president to leave office with a $10 trillion deficit. I don't want China to own more of our country through our debt.”
Zach Wamp
