“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.”
“Debt is simply selling a future to buy a present.”
“Debt is the slavery of the free”
“A man in debt is so far a slave.”
Ralph Waldo Emerson
“I, however, place economy among the first and most important republican virtues, and public debt as the greatest of the dangers to be feared.”
“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”
“The Deficit Reduction Act is a modest step to control spending. There is nothing compassionate about ignoring reality and leaving a crushing debt burden to future generations.”
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