Budgets & Budgeting Quotes



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Quote Author Cited
Counting is the religion of this generation it is its hope and its salvation. Gertrude Stein
I am not worried about the deficit. It is big enough to take care of itself. Ronald Reagan
The extravagant expenditure of public money is an evil not to be measured by the value of that money to the people who are taxed for it. Chester A. Arthur
A man is usually more careful of his money than of his principles. Oliver Wendell Holmes Jr.
If you think education is expensive, try ignorance. Jeff Rich
I cannot separate the finances of India from those of England. If the finances of the Indian Government receive any severe and irreparable check, will not the resources of England be called upon to meet the emergency, and to supply the deficiency? Richard Cobden
I know that we can pay for it because we are going to make the millionaires pay for it. Hillary Clinton
We cannot allow the heavy weight of the debt to bring us to our knees.. Alejandro García Padilla
This is a wonderful year for raw truth. We don't have any money. Mario Cuomo
Fiscal prudence does not prevent government from providing shelter for the homeless, work for the idle, care for the elderly and infirm, and hope for the destitute. Mario Cuomo
The United States should be devoting a larger percentage of its vast resources to making the world safe for capitalism and democracy ... the proper role of an imperial America is to establish these institutions where they are lacking, if necessary ... by military force. Imposing democracy on all the world's "rogue states" would not push the U. S. Defense budget much above 5 percent of GDP... establishing the rule of law in such countries would pay a long run dividend as their trade revised and expanded. Niall Ferguson
Could we do without the social safety net, without Social Security, without Medicare, without farm subsidies, without unemployment compensation, without school lunch programs, without housing assistance? Of course we could. But we would not be a civilized society and we would not be an American nation any of us would be proud of. Gary Hart
When our economy is not growing, those least able to look after themselves are the first thrown overboard ... Gary Hart
... maybe we can all agree on one lesson from the Greek crisis, namely that, to maintain a friendship, you should lend only as much money as you are ready to give away anyway. Jochen Bittner
Higher education has never been economically self-supporting; it has hardly ever been fully organized from public funds; everywhere it has remained parasitic on the private munificence of wealthy persons. The peril is too obvious to need further enforcement: it is the hand of the prospective, the potential donor that fetters intellectual freedom in our colleges, and will do so more and more so long as the duty of organizing public higher education for a nation out of public funds fails of recognition.. John A. Hobson
We cannot cut our way to prosperity. Barack Obama
I care not who forms the government of a country, so long as I control the purse strings. Nathaniel Mayer Victor Rothschild
Cutting spending is harder than raising taxes. Every dollar of federal spending has a constituency. Haley Barbour
Never before in the history of civilization has there been a tax cut in time of war. Paul Krugman
A man who could not serve in the trenches in France might nonetheless serve in the financial trenches at home. William Gibbs McAdoo
Americans know that war must be paid for and it is they who must pay for it. Woodrow Wilson
War costs money. That means taxes and bonds and bonds and taxes. It means cutting luxuries and other non essentials. Franklin D. Roosevelt
China, Japan, and Asia in general have been happy to hold U.S. debt instruments in recent decades, but they will not prop up our spending habits forever…. The greatest threat facing America today is not terrorism, or foreign economic competition, or illegal immigration. The greatest threat facing America today is the disastrous fiscal policies of our own government, marked by shameless deficit spending and Federal Reserve currency devaluation. Ronald E. Paul
A long term tax cut is not a tax cut at all unless it is accompanied by a spending cut. Milton Friedman
The real problem with the government is not the deficit; it is that the government spends too much money. Milton Friedman
The best thing to hold down spending is to have a Democratic President and a Republican Congress. Milton Friedman
He who has his thumb on the purse has the power. Otto Von Bismarck-Schoenhausen
The pork part of the budget is reaching new highs. Paul A. Volcker
We are spending a little more than we are raising each year and you wonder how long it can go on. It is too easy for us to borrow. Paul A. Volcker
We disarm ourselves by making weapons so expensive. George C. Wilson
The most important discoveries will provide answers to questions that we do not yet know how to ask and will concern objects we have not yet imagined. John N. Bahcall
We spend an awful lot of money on the criminal justice system that could better be spent at the other end of the spectrum. Zell Miller
To send a man to Mars we have a generously funded, well-integrated project; but to detect a smuggled nuclear bomb on its way to a U.S. city we allocate a puny fraction of those funds and scatter it among a multitude of disjointed studies that feed congressional pork. Fred Charles Ikle
There are only two powers that matter in the bureaucracy of Washington: The power to say ‘Here’s your money,” and the power to say “You’re fired!” John F. Lehman
We cannot continue our leadership in the world as the largest debtor nation the world has ever known. Hillary Clinton
Governments harangue about deficits to get more revenue so they can spend more. Allan H. Meltzer
It is the duty of those serving the people in public place to closely limit public expenditures to the actual needs of the Government economically administered. Grover Cleveland
A budget is a moral document. Jim Wallis
In the U.S. Senate a quorum consists of the chairman of the Committee on Finance and a messenger from the White House. Ambrose Bierce
There is, of course, always the possibility, that two such powerful and well--financed agencies as CIA and DIA will become rivals and competitors. Allen Welsh Dulles
When the Budget has once been approved by the President and transmitted to Congress, it is his budget estimate and no officer or official of the War Department would have any right to come up here and attempt to get a single dollar more than is contained in that estimate . K W. Walker
The politician, himself oftentimes uninformed as to his country's history, frequently appeals to the ignorant and unthinking on the score of economy; . . . such demagogues are dangerous. John Joseph Pershing
The truth is that the fall of Napoleon is the hardest blow that our taxing system ever felt. It is now impossible to make people believe that immense fleets and armies are necessary. William Cobbett
The Pentagon has a long tradition of dialing up the threat to get more dollars at budget time. John Pike
He who has four and spends five, has no need of a purse. Portuguese Proverb
Taxes now consume more than 38% of the average family's budget … Compare this to the plight of medieval serfs. They only had to give the lord of the manor one-third of their output -- and they were considered slaves. So what does that make us? Daniel J. Mitchell
While the feds … leave Social Security off their books, the government's obligation to make benefit payments to current and near-term Social Security recipients is certainly no less real than its obligation to pay interest on its Treasury bonds. Laurence K. Kotlikoff
I want you all to understand that we are at war and we will stay as war until this is done. Nothing else matters. Everything is available for the pursuit of this war. Any barriers in your way, they’re gone. Any money you need, you have it. This is our only agenda. George W. Bush
While our superpower military is stunningly effective, it is also stunningly expensive. Peter G. Peterson
Nothing can be created out of nothing. Titus Lucretius Carus
There is $2.6 trillion spent in Washington, with the authority to regulate everything in your life…. People will spend unheard-of amounts of money to influence that. Newt Gingrich
In terms of responders to a national disaster those first responders must be able to talk to each other…. They are still not able to do so. Lee H. Hamilton
Any government that robs Peter to pay Paul can always count on the support of Paul. Anonymous
Just Pay For It Anonymous
I hope you are not bringing any new fandangled ideas like a better accounting system or an accrual basis or anything like that, because it would take away the flexibility of the governor. Anonymous
To pay the price of federal mandates, local governments must cut the services that they are in the business of providing ... To Congress we say, if you're going to pass the bill, don't pass us the buck. Jerry Abramson
When you say fiscal responsibility, it seems to me that you really mean rich people keeping their money. Alice Adams
When you say fiscal responsibility, it seems to me that you really mean rich people keeping their money. Alice Adams
Curtailment of expense could be effected only on the principle that as the government did nothing well, it might as well do nothing. Henry Adams
Never base your budget requests on realistic assumptions, as this could lead to a decrease in your funding. Scott Adams
Only a fool tests the depth of the water with both feet African Proverb
There is no escape from the cost of public needs. Jodi Allen
How do you balance the budget, cut taxes and increase defense spending at the same time? It's very simple. You do it with mirrors. John Anderson
Frugality, when all is spent, comes too late. Lucius Annaeus
I said to my liberal friend that we are fundamentally the same. I spend money like its my money and you spend money like its my money. Richard K. Armey
Remember that every dollar spent by the federal government is spent in somebody's district. Richard K. Armey
The closest thing you ever get to a cut is a decrease in the rate of increase of government spending. Richard K. Armey
The federal government is currently operating on a budget passed in the dead of night just before Christmas. It comprised three massive documents, ran to a staggering 3,296 pages, weighed in at a hefty 43 pounds, and had a price tag of $650 billion. Congress had about three hours to look at it before voting on it. William L. Armstrong
The President should have full opportunity ... of opposing whatever appropriations seemed to him objectionable without imperiling the success of others. Chester A. Arthur
The difficult thing about the way we do peacekeeping now is that there is no budget for it. Leslie Aspin
One to mislead the public, another to mislead the Cabinet, and the third to mislead itself. Herbert Henry Asquith
Our national leaders could learn some good habits and important lessons from city hall to take the place of the various gimmicks being used in Washington to duck federal budget responsibility. Alan Beals
I've been Secretary of the Treasury for 147 days, and in that 147 days I've written $133 billion worth of hot checks. Lloyd Bentsen
Europeans do not see that American power, which they resent, maintains their ability to be weak, to have shrunken defense budgets, minimal military capability beyond the borders of the EU, a relatively stagnant economy, and a general attitude of indulgent but righteous lassitude. Conrad Black
We want no new types of public appropriations for sectarian purposes Paul Blanshard
... the Social Security trust fund is not spare money; it is spoken for. Alan S. Blinder
It’s better to spend the money we have now more wisely than to spend a lot more money after the fact on the dysfunction we’ve created. Earl Blumenauer
I personally do not worship at the alter of a balanced budget. David Bonior
Let it not be said by future historians that in the second decade after World War II freedom throughout the world died of a balanced budget. Chester Bowles
The task of weaning various people and groups from the national nipple will not be easy. The sound of whines, bawls, screams and invective will fill the air as the agony of withdrawal pangs finds voice. Linda Bowles
You can always use more money. Paul Bremer
In peace and war it's always money. David Brinkley
The President wants to go to the moon. We hardly have enough money left in the treasury to go to Baltimore. David Brinkley
Our system of keeping the federal government's books is a monument to the creativity of mankind ... We've cut government spending for 15 years in a row, and yet have spent more money in each of those years. Hank Brown
Let us all be happy and live within our means, even if we have to borrow the money to do it with. Charles Ferrar Browne; Artemus
Is there ever enough money to do what you want to do? Nora Mead Brownell
Our present financial condition is without parallel in history. No nation has ever before been embarrassed from too large a surplus in its Treasury. James Buchanan
Government can’t deliver a free lunch to the country as a whole. It can, however, determine who pays for lunch. Warren Buffett
I don't think they [Congress] ought to balance their budget on the backs of the poor. George W. Bush
The price for freedom is high but it is never too high. George W. Bush
The Senate is not interested in the security of the American people. George W. Bush
Not all spending initiatives were designed to be immortal. George W. Bush
All progress is based upon the universal innate desire on the part of every organism to live beyond its income. Samuel Butler
Any government, like individuals and families, cannot spend more than they take in without courting disaster. Clarence A. Cannon
You may think my business is to make appropriations, but it is not. It is to prevent their being made. Clarence A. Cannon
Not one cent for scenery. Joseph Cannon
When Congress consents to the Executive making the budget it will have surrendered the most important part of a representative government. Joseph Cannon
[The] up-and-down pattern of [defense] spending over the last 18 years averages out to below zero percent real growth. In other words, if defense spending had followed a path of zero percent real growth, the U.S. probably could have obtained more defense for its dollar. Frank Carlucci
There are but two ways of paying debt—increase of industry in raising income. increase of thrift in laying out. Thomas Carlyle
As Secretary of Defense my job would be much easier if I didn't have to put up with [budget] cuts. Dick Cheney
[Discussing specific weapons systems:] I voted for them when I was in Congress. Now that I'm secretary [of defense] I have to figure out a way to pay for them. Dick Cheney
In Congress we face the possibility of radical cuts based on nothing save grand compromises over what parochial interests need to be satisfied. Dick Cheney
We can't continue to spend where there isn't any money. Lawton M. Chiles Jr.
The Happy Warrior of Squandermania. Winston Churchill
I'm a product of Federal spending. Emanuel Cleaver
The best way for the Government to maintain its credit is to pay as it goes—not by resorting to loans, but by keeping out of debt. Grover Cleveland
Tonight, I come before you to announce that the federal deficit, once so incomprehensibly large that it had eleven zeroes, will be, simply zero. Bill Clinton
What should we do with this projected surplus? I have a simple four-word answer: Save Social Security first. Bill Clinton
Deficits aren't always bad if you invest the money. Bill Clinton
The best deficit reduction program is a growing economy. Bill Clinton
The most expensive peace is far less costly than the cheapest war. Bill Clinton
A public debt is a kind of anchor in the storm; but if the anchor be too heavy for the vessel, she will be sunk by that very weight which was intended for her preservation. Charles Caleb Colton
We can always find money for what the military wants. Henry Steele Commager
I favor the policy of economy, not because I wish to save money, but because I wish to save people. Calvin Coolidge
It is necessary to watch people in Washington all the time to keep them from unnecessary expenditure of money. Calvin Coolidge
The appropriation of public money always is perfectly lovely until someone is asked to pay the bill. Calvin Coolidge
Borrowed money, even when owing to a nation by another nation, should be repaid. They hired the money, didn't they? Let them pay it. Calvin Coolidge
The military always asks for more [appropriations] than it gets. William J. Crowe Jr.
The government was unable to avert or to control the course of events. Alexander James Dallas
The Treasury was suffering under every kind of embarrassment. The demands upon it were great in amount, while the means for satisfying them were comparatively small, precarious in collection and difficult in their application. Alexander James Dallas
Treasury notes are a precarious substitute either for coin or for bank notes, charges as they are with a growing interest, productive of no countervailing profit or emolument, and exposed to every breadth of popular prejudice or alarm. Alexander James Dallas
It contains almost 190,000 accounts. At the rate of one per minute, eight hours a day, it would take over a year to reflect upon these. Richard G. Darman
You will succeed only if you first build trust. It's like wolves. They show each other their necks and don't bite. Richard G. Darman
You wait till the money is there before you give it back. Gray Davis
We were fighting a war. We did not have time for duplicate vouchers and double-entry bookkeeping. It is a hell-fired shame for everybody [on this Congressional committee] to be trying to pick flyspecks on the greatest army the world ever knew. We did more organization despite our unpreparedness than the French and the British. What do you suppose we went to war for? We went to France to win the war [World War I] and we did it. Charles Dawes
We're going to finally wrassle to the ground this gigantic orgasm that is just out of control. Dennis W. DeConcini
The federal budget is the workplan of the nation. Lewis Anthony Dexter
Don't worry about the specifics [of budgets]. Worry about the aggregate. Norman Dicks
We have no choice but to make our local government fit the size of our local economy. We must all bear our share of the pain. David Dinkins
You spend a billion here and a billion there. Sooner of later it adds up to real money. Everett Dirksen
No, Mr. Secretary. You are. Homer Dodge
I want the government to pinch pennies for a change instead of American families. Bob Dole
A mature welfare state is always broke. Bob Dole
It's time to cut up Uncle Sam's credit card. Bob Dole
If we can afford large sums of money or other such things as horseracing, and motion picture films, and we do—I'm not arguing against them—then I say we ought to have sufficient sense of values to say that health is more important than these things, and if we can find money for relatively non-essential things, we can find the money to give our people good health. Thomas Clement Douglas
We've got the budget deficit and we've got the human deficit. Marian Wright Edelman
Our national finances are in a ruinous state. Hans Eichel
You just don't see people running through the streets to have the deficit cut. Kathryn Eickhoff
Money is of no value; it cannot spend itself. All depends on the skill of the spender. Ralph Waldo Emerson
[Impoundment has become] a means whereby the White House can give effect to social goals of its own choosing by reallocating national resources in contravention of congressional dictates. Samuel J. Ervin Jr.
A budget in difficult times can and must serve the people for whom it is designed. Mike Espy
At a time of tight budgets, unless something is really broken and not working, they [his congressional colleagues] just don't get excited about it. John Glenn
When efforts are made to shape policy based on budgets rather than the public good, then the needs of the people will not be met. Amy Goldsmith
Balancing the budget is like going to Heaven. Everybody wants to do it, but nobody wants to do what you have to do to get there. Phil Gramm
It is important that any long term tax reduction or spending initiative be phased in. Alan Greenspan
Cut it in half, and then look at it. If it's still moving, cut it in half again. Martin L. Gross
Figures won't lie, but liars will figure. Charles Henry Grosvenor
Where is the money? Felix Grundy
Social Security is on the books. We’ll pay for it as long as we have money or can borrow it. William Frenzel
The budget is looked upon in the Congress as a way for a political party to promote itself. William Frenzel
There must be some flexibility in the budget. You cannot have too much discipline. William Frenzel
We as taxpayers don't have a line item veto. John Frohnmayer
Budgets are not bottomless pits. Isaac Fulwood Jr.
I cannot consent to act the part of a mere financier, to become a contriver of taxes, a dealer of loans, a seeker of resources for the purposes of supporting useless baubles, of increasing the number of idle and dissipated members of the community, of fattening contractors, pursers, and agents, and of introducing … patronage, corruption, and rottenness which you so justly execrate. Albert Gallatin
I do not pretend to step out of my own sphere and to control the internal management of other departments, but it seems to me that as Secretary of the Treasury, I may ask, that, while peace continues, the aggregate of the expenditure of those departments be kept within bounds such as will preserve the equilibrium between the national revenue and expenditure without recurrence to loans. Albert Gallatin
Everybody's entitled to their own figures. Kika de la Garza
Cost reduction and cost control are by their very nature sort of anti-social activities. A. Ernest Fitzgerald
We must bite the bullet and provide the resources to make programs come alive. Arthur S. Flemming
The will is there; the money is not there. Raymond Flinn
Education policy ... has not been driven by sound educational considerations. It has been driven by the budget process. William D. Ford
The national budget is perhaps the most important and least understood documents in Washington. Sonja Hillgren
It is a terribly hard job to spend a billion dollars and get your money's worth. Anna Rosenberg Hoffman
There are only three ways to meet the unpaid bills of a nation. The first is taxation. The second is repudiation. The third is inflation. Herbert Hoover
Part of the game in the first three years is to make sure that during the year the Mayor runs there is an unusually large expansion of services. Raymond D. Horton
A good budget is an oxymoron. Amory Houghton
Economy in government does not mean spending little ... It means spending what you have and spending it well. Hubert Horatio Humphery
How does a government reduce expenditures? To be absolutely flat about it, 99 per cent of it is accomplished by putting people out of work. Now that is a tough way to say it, but it is a fact. George M. Humphrey
I find it extremely difficult to argue against telling the people of the United States how much we intend to spend on the aggregate for intelligence purposes. Daniel Inouye
Cutting off the flow of capital is like cutting off the flow of oxygen. Virtue alone will not produce oxygen. Jesse Jackson
It is incumbent on every generation to pay its own debts as it goes. A principle which, if acted on, would save one half the wars of the world. Thomas Jefferson
Nineteen years is the term beyond which neither the representatives of a nation nor even the whole nation itself assembled can validly extend a debt ... one generation is to another as one independent nation to another. Thomas Jefferson
The banks have discontinued themselves. We are now without any medium … necessity, as well as patriotism and confidence will make us all eager to receive Treasury notes if founded on specific taxes. Congress may now borrow of the public, and without interest, all the money they may want … by merely issuing their own promissory notes …. Thomas Jefferson
The purse of the people is the real seat of sensibility. Thomas Jefferson
The same prudence which in private life would forbid our paying our own money for unexplained projects, forbids it in the dispensation of public moneys. Thomas Jefferson
Everyone has a different perspective and they all want their perspective to be addressed within the limited resources you have. Harvey Johnson
Like Ike [President Eisenhower] did. Talk economy and then spend away. Lyndon B. Johnson
Expenditures have to keep rising to keep up with the population [growth]. Lyndon B. Johnson
Would you rather have us be a second rate nation or should we spend a little money? Lyndon B. Johnson
We have a bad habit. We buy what we want and beg what we need. Vernon Jordan
Our ordinary income is barely at a par with our ordinary expenditures and new taxes must be ready. James Madison
The House of Representatives cannot only refuse, but they alone can propose the supplies requisite for the support of the government. They, in a word, hold the purse: that powerful instrument by which we behold in the in the history of the British constitution an infant and humble representation of the people, gradually enlarging the sphere of its activity and importance, and finally reducing, as far as it seems to have wished, all the overgrown prerogatives of the other branches of the government. James Madison
Very few governments have the money to meet the needs of their people….The private sector has most of the resources. Andrew Young
There are no uncontrollable outlays except for debt interest. Outlays are what they are due to legislation. Paul W. McCracken
How much do we really need for the defense of the United States of America? Only the defense to defend its shores? Well I suppose that the maximum for the defense of our shores is one billion dollars. So the rest of our defense budget relates to what we regard as our responsibilities as a world power. John McNaughton
A nation is not in danger of financial disaster merely because it owes itself money. Andrew Mellon
I wish our wallet could match our warmth. Barbara Mikulski
The budget is about day-to-day lives. Barbara Mikulski
Those who pay no taxes, disposing by their votes of other people's money, have every motive to be lavish and none to economize. John Stuart Mill
As a general rule, the demands of the current year, especially in time of peace, should be provided for by the revenues of that year. James Monroe
Is paving asphalt more important than cancer research. James P. Moran
When everybody is supposed to pay, nobody seems to get the bill. Bruce Morrison
Thou shalt not purloin pension funds. Daniel P. Moynihan
To add current expenses of the Government to the national debt ... and thereby pass the current cost of government to the next generation is not only bad financing but very bad statesmanship. Fiorello H. La Guardia
The only way to meet the situation [the financial crisis] is spend less money and to run the City of New York within the limits of our resources. Unless you do this, gentlemen, you will have a difficult problem confronting you by the end of this year and the taxpayers of 1922 and the years thereafter will have to pay the price of our present lack of prudence or our unwillingness to economize at the proper time. Fiorello H. La Guardia
Let us act with our eyes open. We are going to have a deficit next fiscal year and the year after that. Fiorello H. La Guardia
For heaven's sake, stop nickle-and-diming me to death. Melvin R. Laird
The Republicans can't say no to military spending, and the Democrats can't say no to social spending. Richard Lamm
States riddled with corruption are in no position to channel state spending to socially productive uses in an efficient manner. Tomas Larsson
I have seen the ravages of unemployment.... The government will never refuse to go as far as the resources of the country will permit [in order to help]. But do not ask it to commit acts that risk to compromise the balance of the budget. Pierre Laval
You only decide once how to dedicate the surplus. Jacob Lew
What concerns you and me is simply who is putting the money in, who is getting it out, and what good it does David Lewis
You can’t reform education without spending some money. Joseph I. Lieberman
As an individual who undertakes to live by borrowing, soon finds his original means devoured by interest, and next no one left to borrow from—so it must be with a government. Abraham Lincoln
A behemoth budget does not mean there is much discretion in allocating it. Kenneth Lipper
Governors would like the money to be left on a stump and let them come and pick it up and spend it where they want. Governors like to spread money around rather than target it. Dale Kildee
Once a program loses it's identity, it loses its advocacy, and then it loses its dollars. Dale Kildee
I've known the last half dozen budget directors and not one of them ever leveled with me. James J. Kilpatrick
The surpluses of the [19]90s were the result of a growing economy. They were not the result of government policy. Andrew Card
With inflation, debts and bills fly to the sky Chinese Proverb
Budget drives everything that we do. Patricia Dehmer
I have always opposed subsidies to private corporations. Alan Greenspan
The payment of Social Security benefits under law have little or nothing to do with the fiscal resources available. Alan Greenspan
You've got to ask for more money. Joe Knollenberg
We will need ploughshares and swords. Joseph I. Lieberman
We have trouble, my friends, in the country, because we have too much money owing, the greatest indebtedness that has every been given to civilization … Two hundred and seventy-two thousand millions of dollars of debts are owed by the various people of this country today. Why, my friends, that cannot be paid. It is not possible for that kind of debt to be paid. Huey P. Long
A public debt is a public curse and in a representative government greater than any other. James Madison
… there is such a general scarcity of Cash that nothing We have will Command it & Real Estates of Every kind are falling at least one half in value. Debtors that were a year or two ago responsible for £1000 can not now Raise a fourth part of the sum & those who had putt out their money upon Land Security of double the value are unable to get the principal as there is an Entire Stop to all sales by the sheriff for want of Buyers and Men of the best Estates amongst us can Scarce Raise money enough to defray the Necessary Expenses of their family’s. Our Stores in the Country that used to furnish Every necessary for the inhabitants are all shut up James Parker
I chose to keep teachers in classrooms rather than prisoners in prison.. Paul Patton
We must get rid of deficit spending which finances the political schemes of today by mortgaging the future of tomorrow. Leonard Rasch
Those who say we can continue to indefinitely borrow from our children and grandchildren and generations to come in fact are eroding our ability to do what we ought to do in education, in health care and in other things. Paul Simon
The [Agricultural] Department’s budget was $51 billion last year – more than the total net income of American farmers. Karl Zinsmeister
Any diminishment of the government forces stationed here endangers the safety of the state, for the militia are not & cannot for some time be made efficient as the Want of Arms & munitions of War, are sources of great embarrassment. William Charles Cole Claiborne
There are no straight line projections of cost in a war. Charles Krauthammer
You are not a practical Gun Smith. But I have neither leisure or time to spare for an Epistolary controversy with you. You have failed to execute your engagements to the manifest injury of the Service. . . . It is therefore my duty to require of you to refund promptly, the money with interest which had been advanced to you by the United States. Callender Irvine
I have tried every Method I Could think of to procure Arms for our Men, they really are not to be had in these Governments. George Washington
Tonight I come before you to announce that the Federal Deficit will be simply zero. Bill Clinton
Unless we get entitlement costs under control, Social Security will inevitably square off against national security. Robert Hormats
The more we spend on social spending the more we create an appetite for more social spending. Victor Davis Hanson
To deal with entitlements we must either raise taxes, cut benefits, or borrow inordinate amounts of money. Peter G. Peterson
I can’t be in charge of people’s perceptions. Alan Greenspan
I urge the Congress to avoid running up large costs for future generations of Americans. George W. Bush
Rumsfeld and Wolfowitz are saying, “We can’t tell you how long it will take, or what it will cost, that’s unknowable.” Why did Congress accept that? Anonymous
I don’t see why it would take more troops to occupy the country than to take down the regime. Paul Wolfowitz
Frustrate the designs of wicked men. Reduce Congress at least one half. Two Senators from a state and two (House) members to a million of population, will do more business than the army that now occupy the halls of the National Legislature. Pay them two dollars and their board per diem; except Sundays, that is more than the farmer gets, and he lives honestly. Curtail the offices of government in pay, number and power; for the Philistine lords have shorn our nation of its goodly locks in the lap of Delilah. Joseph Smith, Jr.
A budget is a moral document of a nation’s priorities. Ted Kennedy
Health care is out of people’s reach because it is expensive. Robert Jones Portman
55 percent of the national budget consists of entitlements. These are established by law but do not get funds appropriated annually—not part of the usual give and take of the Congress and the administration. If you meet the criteria of the law, you get the money. Robert Jones Portman
The military pork barrel spreads special privilege far beyond the confines of the arms contractors; it directly creates at least two million industrial jobs, every holder of which is all too dependent for his well-being on the well-being of the party oligarchs and the success of their corrupt policies. By virtue of the military budget, a large number of ordinary citizens have been given a direct stake in corrupt power. Walter Karp
What chiefly governs the military budget is the need to spend enormous sums of money in a useless way. The allegedly powerful Pentagon is simply a receptacle for wasteful expenditure, just as a city dump is the receptacle for the refuse of a city. Walter Karp
Anybody can balance a budget if they raise taxes. Steve King
The bottom line is the protection of life. William Proenza
Too many conservatives in our country want to run up enormous deficits in the hope that someone else will pay for it. This is not conservativism; it is alchemy or lunacy. Michael Bloomberg
The U.S. public is more likely to sour on a conflict when it sees the military losing blood, not treasure. So to keep up our staying power, our skill in hunting and killing our foes has to be matched by our care in concealing and protecting our troops. Three particularly obvious requirements are body armor, mine-resistant vehicles, and telescopic and night sights for every weapon. But these things are expensive for a military that has historically been enamored of big-ticket items such as fighter planes, ships and missiles. Wesley Clark
We were instrumental in creating the United Nations and the World Bank, and now we threaten their health. Robert E. Rubin
Health care is the Pac-Man of the budget. Robert Kerry
Being a great power is very expensive. Robert D. Kaplan
The moment approaches when we shall no longer be able to pay cash for shipping and other supplies.... I believe that von will agree that it would be wrong in principle and mutually disadvantageous in effect, if at the height of this struggle, Great Britain were to be divested of all saleable assets so that after victory was won with our blood, civilization saved, and time gained for the United States to be fully armed against all eventualities, we should stand stripped to the bone. Such a course would not be in the moral or economic interests of either of our countries.... You may be assured that we shall prove ourselves ready to suffer and sacrifice to the utmost for the Cause, and that we glory in being its champion. The rest we leave to you and to your people, being sure that ways and means will be found which future generations on both sides of the Atlantic will approve and admire. Winston Churchill
Only in Washington do you hear a budget increase described as a cut. Lynne Cheney
The history of interest rates is really the history of inflation. When inflation is high, interest rates are high, and when inflation is low, interest rates are low. Alan Greenspan
If we enact laws that will produce very large budget deficits and we are not able to rein them in, it will do grave damage and destabilize the economy. Alan Greenspan
Let’s make this the year where we are either going to get rid of the deficit or get rid of the idea that we are going to get rid of the deficit.. Herbert Stein
The cost of war is hard to count. Christopher Matthews
there is often an imbalance between the prerogatives of the executive branch and the capacity of a parliament to truly exercise its regulatory powers over public spending and the budget. Eva Joly
It is dangerous to play politics with the Budget. Clement Attlee
We’re not very good at cutting things. We’re not even good at reducing things. Michael Enzi
Can there be a more lamentable picture than that of a Chancellor of the Exchequer seated on an empty chest by a pool of bottomless deficiency fishing for a budget? Robert Peel
What would be better is to discipline our lawmakers in Sacramento so that they do not spend more money than they have. Arnold Schwarzenegger
You can’t give a man a blank check and then ask him why there’s no money in the bank. Al Sharpton
A dynamic economy, with more citizens working and paying taxes, will be our strongest tool to bring down budget deficits Ronald Reagan
Whenever you borrow money, the people you borrow it from have leverage over you. John Thune
One of the reasons that I was so successful at OMB was that I was very good at gaming the system. Barry B. Anderson
Budgeting is inherently complex. Barry B. Anderson
One generation plants the trees. Another gets the shade. Chinese Proverb
It is not the horse that draws the cart, but the oats. Russian Proverb
I have a scheme for stopping war. It's this -- no nation is allowed to enter a war till they have paid for the last one. Will Rogers
I will veto again and again until spending is brought under control. Ronald Reagan
If a national debt in considered a national blessing, then we can get on by borrowing. But as I believe it is a natural curse, my vow shall be to pay the national debt, to prevent a moneyed aristocracy from growing up around our administration that must bend to its views, and ultimately destroy the liberty of our country. Andrew Jackson
You can tell an awful lot about a civilization by how it spends its money. David McCullough
What is prudence in the conduct of every private family, can scarcely be folly in that of a great kingdom. Adam Smith
It is easier to use accounting gimmicks than it is to make hard political choices John Steele Gordon
Virtually all Federal accounting is still oriented toward preventing fraud and theft, not toward controlling costs. John Steele Gordon
In the 1860s we used the national debt to save the Union. In the 1930s we used it to save the American economy. In the 1940s we used it to save the world. John Steele Gordon
… the peaceful turn of events Thomas Jefferson
If you undertake to divide all these appropriations and have many committees where there should be but one, you will enter upon a path of extravagance that you cannot foresee … until we find the Treasury of the country bankrupt. Samuel Jackson Randall
Let us have the courage to stop borrowing to meet continuing deficits. Revenues must cover expenditures by one means or another. Any government, like any family, can, for a year, spend a little more than it earns. But you know and I know that a continuation of the habit means the poor house. Franklin D. Roosevelt
Free from public debt … at peace with all the world Andrew Jackson
We have hardly enough money to last till the end of March. Albert Gallatin
We aren't living the gospel of democracy and free enterprise today. We are merely preaching it. We have made only half of the combination work, and we've done that superlatively well. Free enterprise booms. But democracy staggers and reels under oppressive debts and inordinate operating costs-both the consequences of political failure. T. Coleman Andrews
Religion must necessarily produce both industry and frugality and these cannot but produce riches. But as riches increase, so will pride, anger, and love of the world in all its branches. John Wesley
There is a yawning discrepancy of what Americans expect and for what they are willing to pay. Andrew J. Bacevich
Money is, with propriety, considered as the vital principle of the body politic; as that which sustains its life and motion, and enables it to perform its most essential functions. A complete power, therefore, to procure a regular and adequate supply of it, as far as the resources of the community will permit, may be regarded as an indispensable ingredient in every constitution. Alexander Hamilton
Nations in general, even under governments of the more popular kind, usually commit the administration of their finances to single men or to boards composed of a few individuals, who digest and prepare, in the first instance, the plans of taxation, which are afterwards passed into laws by the authority of the sovereign or legislature. Alexander Hamilton
The less that is applied to education, the less they [the people] will have to pay in taxation DeWitt Clinton
I realized that I should give serious attention to financial recovery … For ever since I took command of my affairs I had daily uncovered new evidence of … wastefulness. Louis XIV
Budgets are moral documents. When you put your budget on the table, we see what you really are. Tavis Smiley
We all have to sacrifice to reduce the debt, but we can’t sacrifice our future. Barack Obama
Washington has to stop spending money we don’t have for projects we don’t want. Rick Perry
The era of deficit denial is over Erskine Bowles
Don't forget that some things count more than other things. William Saroyan
It’s all in there. We have harpooned every whale in the ocean. Alan K. Simpson
People dislike government spending in the abstract, but the like government spending when they see the benefit. Chris Hayes
Our clothing and our armor ought to be of such a kind that men of mature experience will not say that we have spent too much on them, nor younger men say we have spent too little. Louis IX
A budget must be more than a ledger sheet. It should have a heart and serve as a blueprint for a better quality of life for all residents. John R. Leopold
To suppose this expensive War can be carried on without joint and strenuous efforts is beneath the wisdom of those who are called to the high Offices of Legislation. Robert Morris
In the United States no trend ever arrives at its logical conclusion. George Herman
There are three things not worth running for—a bus, a woman, or a new economic panacea; if you wait a bit, another one will come along. Derick Heathcoat-Amory
To get control of the deficit we have to do something about the cost of health care. That is the part of the government budget that is toltally out of control. There is NO WAY to control the budget unless we can bend the growing health care cost down. Nothing should be off the table, but no one has submitted a budget whtch tries to control health care cost. Pete Domenici
While a Treasury surplus is not the greatest evil, it is a serious evil. Benjamin Harrison
Financial markets will tolerate a Republican deficit but will run screaming in panic from a Democratic deficit a fraction its size. Gary Hart
It is no time now to use an apothecary's scale to weigh the rewards of the men who saved the country. [Civil War veterans] Benjamin Harrison
Human use of one resource runs squarely against human use of another resource. Daniel Hamburg
The necessities of a nation in every stage of its existence will be found at least equal to its resources. Alexander Hamilton
Fiscal conservatism means balancing budgets — not running deficits that the next generation can't afford. It means improving the efficiency of delivering services by finding innovative ways to do more with less. It means cutting taxes when possible and prudent to do so, raising them overall only when necessary to balance the budget, and only in combination with spending cuts. It means when you run a surplus, you save it; you don't squander it. And most importantly, being a fiscal conservative means preparing for the inevitable economic downturns — and by all indications, we've got one coming. Michael Bloomberg
Don't forget that some things count more than other things. William Saroyan
The plutocracy has invented countless makeshift programs, such as generating enormous public debt that plutocrats know they will never be able to repay, levies on capital, taxes which exhaust the incomes of those who do not speculate, sumtuary laws which have historically proven useless, and other similar measures. The principal goal of each of these measures is to deceive the multitudes. Vilfredo Pareto
We spend millions of dollars to print this stuff (The Congressional Record). It’s all on line. We are tearing down trees to print material we do not need. Tom Coburn
When it was necessary to raise money for the prosecution of the war, and a loan was sought of two hundred millions of dollars, more than fourteen hundred millions were subscribed by the people of the United States, and for the first time in our history your government my government sells a three-per-cent. bond, a bond which sold at par, which is now worth a premium of five cents on every dollar, which profit has gone to the people. For it was a popular loan, and no citizen was able to receive more than five thousand dollars worth of bonds. William McKinley
Economy is demanded in every branch of the government at all times, but especially in periods like the present, of depression in business and distress among the people. The severest economy must be observed in all public expenditures, and extravagance stopped wherever it is found, and prevented wherever in the future it may be developed. If the revenues are to remain as now, the only relief that can come must be from decreased expenditures. But the present must not become the permanent condition of the government. William McKinley
I can not too cordially congratulate Congress and my fellow citizens on the near approach of that memorable and happy event -- the extinction of the public debt of this great and free nation. Andrew Jackson
We have to make debt evil. Douglas Holtz-Eakin
Whatever the cost of our libraries is, it is cheap compared to the cost of an ignorant nation. Walter Cronkite
We must achieve peace because it's the only way to build this nation Anwar Sadat
If you don’t balance your budget in business, you go out of business. Mitt Romney
The second part of all his revenues, which came yearly into his possession, and was included in the receipts of the exchequer, as we mentioned a little before, he, with ready devotion, gave to God, ordering his ministers to divide it carefully into four parts, on the condition that the first part should be discreetly bestowed on the poor Asserius Menevensis; John Asser
The second part of all his revenues, which came yearly into his possession, and was included in the receipts of the exchequer, as we mentioned a little before, he, with ready devotion, gave to God, ordering his ministers to divide it carefully into four parts, on the condition that the first part should be discreetly bestowed on the poor Asserius Menevensis; John Asser
Can there be a more lamentable picture than that of a Chancellor of the Exchequer seated on an empty chest, by the pool of bottomless deficiency, fishing for a budget? Robert Peel
Social Security works better than any other program in the world. Why dismantle it now? Marie Smith
There are many communities in the United States where the average family income is pitifully low. It is in those communities that we find the poorest educational facilities and the worst conditions of health. Why? It is not because they are satisfied to live as they do. It is because those communities have the lowest per capital wealth and income; therefore the lowest ability to pay taxes; and therefore inadequate functioning of local government. Franklin D. Roosevelt
Nothing is so well calculated to produce a death-like torpor in the country as an extended system of taxation and a great national debt William Cobbett
The real world is somebody is going to win; somebody is going to lose. There are costs to everything, but if you make the long term investment which is investment in education, public health and infrastructure, then we will have a better world. Michael Bloomberg
Money was the crux. Raising money to pay the cost of war was to cause more damage to 14th century society than the physical destruction of war itself. Barbara Tuchman
Money was the crux. Raising money to pay the cost of war was to cause more damage to 14th century society than the physical destruction of war itself. Barbara Tuchman
Balanced budgets have a lot to do with National Defense. Howard Dean
Republicans do not have good ideas. Borrowing two trillion dollars from your grandchildren to finance a Social Security scheme that looks like Enron is not a good idea. Howard Dean
We cannot clean up the mess in Washington, balance the budget, reduce taxes, check creeping Socialism, tell what is muscle or fat in our sprawling rearmament programs, purge subversives from our State Department, unless we come to grips with our foreign policy, upon which all other policies depend Robert Taft
Next to the effectual establishment of the Union, the best possible precaution against danger from standing armies is a limitation of the term for which revenue may be appropriated to their support. James Madison
The cold war is over; Japan won! Paul Tsongas
… war is a matter not so much of arms as of money Thucydides
The county will fail if we enact this budget. David L. Boren
Frugality is a great revenue. John Adams
One must not expect anything in these times, but be ready for everything. Charles G. Dawes
We [are] surrounded by endless small jets of dirty water and are not able to locate the points at which the pipe was leaking. Herbert Feis
The revenue of the country, levied almost insensibly to the taxpayer, goes on from year to year, increasing beyond either the interests or the prospective wants of the Government Franklin Pierce
The United States must take into its own hands the control of the gold value of the dollar. Franklin D. Roosevelt
Of $350 billion that was used for good purposes let’s say that $50 billion was for improper purposes. I say, so what! Bandar Bin Sultan
Aside from the wisdom of going to war as Bush wants, I am troubled by who pays for his capricious adventure into world domination. The administration admits to a cost of around $200 billion! Now, wealthy individuals won't pay. They've got big tax cuts already. Corporations won't pay. They'll cook the books and move overseas and then send their contributions to the Republicans. Rich kids won't pay. Their daddies will get them deferments as Big George did for George W. Well then, who will pay? School kids will pay. There'll be no money to keep them from being left behind -- way behind. Seniors will pay. They'll pay big time as the Republicans privatize Social Security and rob the Trust Fund to pay for the capricious war. Medicare will be curtailed and drugs will be more unaffordable. And there won't be any money for a drug benefit because Bush will spend it all on the war. Working folks will pay through loss of job security and bargaining rights. Our grandchildren will pay through the degradation of our air and water quality. And the entire nation will pay as Bush continues to destroy civil rights, women's rights and religious freedom in a rush to phony patriotism and to courting the messianic Pharisees of the religious right. Pete Stark
The function of the Chancellor of the Exchequer, as I understand it, is to resist all demands for expenditure made by his colleagues and, when he can no longer resist, to limit the concession to the barest point of acceptance. Philip Snowden Ickornshaw
A trifling debt makes a man your debtor; a large one makes him an enemy. Lucius Annaeus Seneca
The command of a large sum is a dangerous temptation to a national administration. Though accumulated at their expense, the people rarely, if ever profit by it: yet in point of fact, all value, and consequently, all wealth, originates with the people. Jean-Baptiste Say
Congress no longer declares war or makes budgets. So that's the end of the constitution as a working machine. Gore Vidal
Don’t tell me what you value. Show me your budget. Joseph R. Biden Jr.
If you don’t have the budget, you can’t get anything done. That’s why bureaucrats are always fighting about budgets. Lee H. Hamilton
When we rely on others to finance our foreign policy, we put it at risk. Lee H. Hamilton
Not only have government bills been dishonored and the interest on the public debt remains unpaid, but … so completely empty is the Treasury and destitute of credit, that funds cannot be obtained to defray the ordinary expenses of the different departments. Alexander C. Hanson
Deficits of that size are foreign to my thinking. Mike Harcourt
Our purpose [is] to invite the present-day civilization to cast aside the staggering burden of armament. Warren G. Harding
Social spending is going up at a tremendous rate. The irony is that it went up even faster during the “prudent” years of Republican administration more so than it did under the “spendthrift” Democratic administrations…. Alan Greenspan
Government spending is not wasteful. The question is, “Is it necessary?” Ben Nelson
We’re the healthiest horse in the glue factory. Erskine Bowles
None of us really understands what's going on with all these numbers …. People are getting from A to B and it's not clear how they are getting there.... David Stockman
The war is going to end because we're gonna have such a political and financial havoc here with the devaluation of our dollar, because we just can't keep affording it. This is usually how empires end, by spending too much money maintaining their empire. We're in 130 countries, we have 700 bases around the world, and it's going to come to an end. I want it to come to an end more gracefully and peacefully, follow the constitution, and follow a more sensible foreign policy. Ronald E. Paul
The War is going to end because we're gonna have such a political and financial havoc here with the devaluation of our dollar, because we just can't keep affording it. This is usually how empires end, by spending too much money maintaining their empire. We're in 130 countries, we have 700 bases around the world, and it's going to come to an end. I want it to come to an end more gracefully and peacefully, follow the constitution, and follow a more sensible foreign policy. Ronald E. Paul
A national debt is the price of liberty. Alexander Hamilton
The debt limit does not affect the deficits or surpluses. The critical revenue and spending decisions are made through the congressional budget process. Barteltt Bruce Reeves
We are the richest nation in the world. We can do anything we want to do, We can do 100 things we want to do. The only thing we can’t do is everything Jay S. Fishman
We have no intention of downsizing the American Dream. Joseph R. Biden Jr.
Governor Romney, how many fewer college degrees would it take to make America more competitive? Martin Joseph O'Malley
We just don’t have enough money to be trying to create nations. Rand Paul
There can be no freedom or beauty about a home life that depends on borrowing and debt. Henrik Ibsen
Debt is the prolific mother of folly and of crime; it taints the course of life in all its dreams. Benjamin Disraeli
Congress no longer declares war or makes budgets. So that's the end of the constitution as a working machine. Gore Vidal
Between debt and taxes Americans had usually chosen debt. Paul Solmon
Erskine Bowles and I know that we have been successful with this commission because we have pissed off almost everyone in America. Alan K. Simpson
Congress members put their ideology ahead of your prosperity. Ali Velshi
It is not how much you spend on defense as much as how you spend it. William S. Cohen
Our country is wallowing in a miasma of political and class conflict, of greed and special interest, with regard to budget deficits, inflation and rising unemployment … Carl T. Rowan Jr.
I have been in Washington for 22 years and have seen us kick the can down the road. Well there is no more road to kick the can down. John Boehner
When you’ve changed the budget, you’ve really changed the government, and until you change the budget, you’ve just talked about changing government. Newt Gingrich
We are to give money of which we have to little for land of which we have too much. Fisher Ames
Socialist governments traditionally do make a financial mess. They always run out of other people's money. Margaret Thatcher
The sequester is stupidity on stilts. David Brooks
Someone should put up a chart for Congress showing the difference between millions, billions, and trillions. Our problems are in trillions and Congress is arguing about millions. David Brooks
Entitlement programs are on autopilot. I’m alarmed. We’re close to the danger zone. Glenn Hubbard
By a wide margin, the biggest threat to our nation’s balance sheet is the skyrocketing cost of health care. It’s not even close. Barack Obama
I think Americans all across this country want more of those types of delaying tactics to slow down this runaway train of massive Federal spending. Stephen Joseph Scalise
The revenue you take in should be enough to cover the revenue that you spend and go beyond that to get a reserve. In order to do that we [in California] need cuts and pension reforms, and taxes. Edmund G. Brown Jr.
We can’t go on pretending to Americans that we can have everything. John Kerry
The power of the purse is the only real power of government. Robert Byrd
We can’t even project [budget surpluses and deficits] accurately month-to-month, much less for an entire year. Robert Byrd
Why can we find emergency funds for every other country? Why can't we find emergency funds for our own country? Robert Byrd
Congress is not an ATM Robert Byrd
Congress is not an ATM Robert Byrd
Cost effectiveness and effectiveness are not always the same thing in government. Lewis D. Eigen
The issue is not growth verses fiscal responsibility. We need both! Barack Obama
The President will meet with Republicans at any time, but he will not pay the Republicans ransom to get them to do their job. Jay Carney
In the Israeli system, if the Knesset cannot reach agreement on a budget by the end of the year, one-twelfth of the previous year’s budget is automatically appropriated each month for 6 months. If at the end of 6 months, there is still no agreement, we automatically call new elections. We have never had to call an election. Benjamin Netanyahu
… there are a great many people who not only can make no budget but can barely manage to exist with their families on what they earn from day to day Eleanor Roosevelt
Sometimes Republicans want to cut the social welfare programs and yet they ask for billions and billions more for the Defense Department. I don’t take that approach. Ronald E. Paul
Fire management resembles public health. There is ample money and will for response when the crisis is at hand, But little for the patient labor of prevention, vaccinations, and general wellness. Worse the costs of emergencies is stripping away all resources for everything else. Stephen J. Pyne
They have under invested in fire for so long that the catch up costs seem staggering. The traditional inclination is to rely on emergency interventions rather than systemic reforms. Stephen J. Pyne
You can always raise taxes on the rich, but that will not solve the deficit problem. Thomas J. Donahue
Show me your budget and I’ll describe your strategy. Anonymous
Money can’t solve every problem, but it can solve quite a few. Andrea Louise Cambell
Because the resources available to the U. S. military will be increasingly limited, the objectives must be too. Andrew F. Krepinevich Jr.
I’m going to keep on working to get rid of the sequester. You get up and do your jobs every day; let’s make sure Washington gets up and does its job. And what makes me frustrated is sometimes the very folks who say they stand with our military proudly are the same ones who are standing in the way of fixing the sequester. It’s important to look at deeds and not words. Barack Obama
…[In Israel] the army and the intelligence services dominate the national budget, define internal and external threats, initiate policies, review their own performance, run a large portion of the economy, control vast tracts of land and airspace, and exert immense influence over communications and news media through censorship. Patrick Tyler
Social Security, Medicare and Medicaid account for half the Federal spending. Mitt Romney
If we don’t take defense spending seriously, it undermines our credibility on other spending issues Mick Mulvaney
The wealthy have a responsibility to invest in addressing inequality. This is especially true when constraints on others are so great. Bill Gates
Nation building cannot be done on the cheap. James Dobbins
The largest investment that most communities have is their school buildings. Dannel Malloy
Massive Federal Budget Deficits are only the most conspicuous sign of a society that has promised itself more than it could afford. Robert Jacob Samuelson
We all have to resist the temptation to finance growth with increased debt yet again. Angela Merkel
The debt ceiling serves no useful purpose. Alan Greenspan
Sir, I here enter my solemn protest against a low and calculating avarice entering this hall of legislation. It is only fit for shops and counting houses. John C. Calhoun
Priorities are reflected in the things we spend money on... A nation's budget is full of moral implications; it tells what a society cares about and what it does not care about; it tells what it's values are. J. William Fulbright
HOW DO TAX CUTS FOR CEOs HELP OUR SCHOOLS? Anonymous
We are putting so much money into retirement benefits that there is little money left for other state services Elaine Nekritz
Austerity is a disaster for everyone but the rich…. It’s crap, but it’s dangerous crap.. Mark Blyth
Austerity: The History of a Dangerous Idea. Mark Blyth
The polarization of American politics is the proximate cause of the ongoing budget deficit…. Lately, the ideological center in Congress has thinned, and the distance between the parties has widened. Compromise has come to be seen as surrender—and the U. S. Government has all but come to a halt. Clive Crook
Contrary to … conventional wisdom, the consequence of past U. S. Defense cuts were not bad …. austerity can be useful in forcing Washington to think strategically, something it rarely does when times are flush. Melvyn P. Leffler
Austerity [in the Defense Department] meant that risks had to be managed, not eliminated. Melvyn P. Leffler
Unfortunately, infectious diseases don’t pay much attention to budget cycles. Mark Dybul
Budget issues consume bureaucrats because an adequate budget which is generally defined as an increase over the previous … year, is a reflection of the operational capacity, current health, importance, and future prospects of an organization. James J. Wirtz
The desire of appropriations committee members to protect their prerogatives prevent Congress from effectively monitoring the intelligence community. James J. Wirtz
Some folks can have all the money in the world, and still not know what to do with it. Roland Martin
Modern trade unions understood that deciphering a balance sheet was more important than decoding Das Kapital. Donald Sassoon
Now for the first time … we had… reached the situation where a newly-elected Government with a mandate from the people was being told, not so much by the Governor of the Bank of England, but by the international speculators that the policies on which we fought the election could not be implemented, that the Government was to be forced into the adoption of Tory policies to which it was fundamentally opposed. He had to admit that was what his argument meant, because of the sheer compulsion of the economic dictation of those who exercised decisive economic power. Harold Wilson
I would listen with growing outrage as hypocritical and obtuse American Senators made all these demands of Iraqi legislators and yet themselves could not even pass budgets. Robert M. Gates
The Pentagon cannot acquire any equipment or technology without adequate funding. And the current budget process does not allow for the development and deployment of solutions to urgent problems on the battlefield. Ashton B. Carter
Dwight Eisenhower… supported the nuclearization of the military and the militarization of nuclear weapons as a cost saving way of deterring the Soviets. Under Eisenhower, custody or nuclear weapons shifted from the civilian Atomic Energy Commission to the military. Gregory D. Koblentz
In a democracy you get the army that the people are willing to pay for. H. R. McMaster
We are broke—bankrupt—really bankrupt! James Baker
The Persian Government more than a year ago sought the aid of American experts in the reorganization of their finances. While this Government could not assume any responsibility in this matter, it was glad that the services of competent American citizens could be secured, and a financial mission accordingly proceeded to Persia and for the past year has been rendering important expert aid. Charles Evans Hughes
We’ve got to get the bad operators out of business so that the good operators can be rewarded for investing in safety. Deborah Hertzman
Actively search for spending bills that I can veto as a sign of … financial stewardship. Franklin D. Roosevelt
Never in the nation’s history had a president proposed large, simultaneous spending increases and tax cuts when the federal budget already had a deficit. Bill White (Texas politician)
The nation is in a situation similar to that of an employee who receives annual pay raises but cannot improve his or her standard of living because of the need to pay rising debt service to creditors. Bill White (Texas politician)
The nation’s founding fathers deferred many of their own cherished plans until the nation paid off its debts. Bill White (Texas politician)
The Federal Government is the people and the budget is a reflection of their need John F. Kennedy
The fundamental problem of society is that demands are infinite and resources are always limited Bernard Crick
This is not a Budget, but a revolution; a social and political revolution of the first magnitude. Archibald Philip Primrose Rosebery
If we can afford tremendous sums of money to win the war, we can afford to invest whatever amount it takes to win the peace Henry A. Wallace
… significant spending decisions — expanding a business, buying a house or choosing how much to spend on consumer goods over the year — depend on expectations of income, employment and other economic conditions over the longer term, as well as longer-term interest rates. Janet Yellen
When we explore other planets, we learn a lot about our own. Bill Nye
As a community we have been living beyond our means…. We have been living at a rate which is simply not justified by the amounts of goods and services we are producing. Charles Haughey
Foreign policy debates are frequently segregated from domestic policy ones, so commentators who propose increasing the defense budget or sending more foreign aid are seldom asked to explain which domestic programs they’d cut or which taxes they’d raise, in order to find the money. Peter Beinart
The return to collegiate management of finance would bring with it the continued domination of a minority over the majority, with no possibility of setting matters aright without recourse to revolutions provoked by feebleness, feuds, factions, hatreds, and vindictiveness… Isaac Jan Alexander Gogel
In unforeseen or exceptional circumstances, the exceptional burdens placed on the national treasury can be better served by general taxes … than though new forced loans, levies, or as yet undiscovered resources, is surely incontrovertible. Isaac Jan Alexander Gogel
Your Minister of Finance must confess to Your Majesty that he is frozen with terror on examining the budget for the War, and must also that he knows of no means by which such expenses can possibly be met…. Isaac Jan Alexander Gogel
It is impossible, financially and politically, to lower expenditure to the level of our revenues in the calamitous times in which we live, and so, however painful and afflicting the idea may be, we must exist from day to day and simply await the outcome of events yet in the making … Cornelis Felix van Maanen
It is much more difficult to recede from a scale of expenditure once adopted than it is to extend the accustomed scale in response to an accession of wealth. Thorstein Veblen
To avoid large and unsustainable budget deficits, the nation will ultimately have to choose among higher taxes, modifications to entitlement programs such as Social Security and Medicare, less spending on everything else from education to defense, or some combination of the above. Ben Bernanke
You can’t really understand the challenges involved with any major tech project until you start trying to build it. Clay Shirky
A man who murders another shortens by a few brief years the life of a human being; but he who votes to increase the burden of debts upon the people of the United States assumes a graver responsibility. William Jennings Bryan
It is possible that our opponents in the Pacific would be four-fifths of the way to Hawaii before we knew that they had moved. . . George C. Marshall
Continuous paring of appropriations has reduced the Army virtually to the status of that of a third-rate power George C. Marshall
Mr. President, If you don’t do something and do it right away, I don’t know what is going to happen to this country. George C. Marshall
As quickly as you start spending Federal money in large amounts, it looks like free money. Dwight D. Eisenhower
Reduction in taxes will be justified only as we can show we can succeed in bringing the budget under control.... Until we can determine the extent to which expenditures can be reduced, it would not be wise to reduce our revenues. Dwight D. Eisenhower
One of the enduring truths of the nation's capital is that bureaucrats survive. Gerald R. Ford
I did not come into government to win an award as the great accountant in the sky and balance budgets. Mario Cuomo
The Federal Government does not control our borders as the law requires …. I haven’t received a response saying that the check is in the mail….When people illegally cross our borders that the Federal Government is supposed to control, the Federal Government should pick up the tab. Janet Napolitano
That’s what politicians do all the time. They promise you something, they don’t provide the money for it, and then they kick the can down the road and pass on the bill to the next generation. Tom Coburn
The military budget of the United States is becoming much like that of other government agencies—it is increasingly being devoted to pensions and health care. Fareed Zakaria
Not everything that can be counted counts, and not everything that counts can be counted. William Bruce Cameron
Rather than rewarding today’s voters with benefits financed by future generations, as Congress typically does, solving the climate problem will require costly actions now to protect those who will follow us. Robert N. Stavins
Rulers of rentier states do not financially depend on taxation; therefore, the people cannot use taxation as leverage to make rulers accountable. In contrast, people in rentier states are dependent on governmental allocation of rentier revenue, which creates a patron–client relationship as well as a lack of independent political, economic, and civil society. Ahmet T. Kuru
Government can’t work if lawmakers don’t give Government agencies the funds they need to do their work. Phillip Randolph Lee
Follow the money, and one arrives at a basic fact: the CIA’s edge is paramilitary. Jane Harman
Too many states spend more money on prisons than on higher education. Janet Napolitano
A recession forces excruciatingly difficult choices. Robert Casey
Venezuela’s state oil company routinely spends more on social programs then it does on exploration and production. Lisa Viscidi
Contrary to Mr. Trump’s claim that the United States is one of the most taxed nations, only South Korea, Chile, and Mexico, among O.E. C. D. countries, collect less in tax revenue as a share of the economy. That means that the American budget for things like prenatal care , low income housing, and worker training is simply not up to the task. Eduardo Porter
Nobody knew that healthcare could be so complicated. Donald Trump
You can't balance the budget on the backs of nondefense discretionary spending. Rosa DeLauro
Last year 100,000 people gathered on The Mall to Protest the deficit. We Republicans, over and over, castigated President Obama for creating a Trillion dollar deficit. I was against big deficits then, and I am agaist them now. Just because it is now Republicans doing all the spending, I am still opposed.... Those Republcians who voted for a tax cut and a spending increase are hypocrites. Rand Paul
It got to the point where I had to sneak into the White House John Boehner
A budget is simply telling your money where to go instead of wondering where it went. John C. Maxwell