Alexander Hamilton Quotes

The federal government now spends one of every four dollars in the entire economy. It borrows one of every three dollars it spends. No nation, no entity, large or small, public or private, can thrive, or survive intact, with debts as huge as ours.

A national debt if it is not excessive will be to us a national blessing; it will be powerfull cement of our union. It will also create a necessity for keeping up taxation to a degree which without being oppressive, will be a spur to industry.

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.

Without growth we can't pay down our debt, and without growth there's no money for welfare.

I wish it were possible to obtain a single amendment to our constitution ... an additional article, taking from the federal government the power of borrowing.

There are no uncontrollable outlays except for debt interest. Outlays are what they are due to legislation.

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

Well, I think what we need to remember is that budget deficits can impede economic activity.

There's no debt limit in the Constitution.

President Obama's call for nearly a half-trillion dollars in more government stimulus when America has more than $14 trillion in debt is guided by his mistaken belief that we can spend our way to prosperity.

If the U.S. Government was a company, the deficit would be $5 trillion because they would have to account by general accepted accounting principles. But actually they encourage government spending, reckless government spending, because the government can issue Treasury bills at extremely low interest rates.

There is a very serious fiscal-policy question of, 'Are we running our overall fiscal policy such that we as a government can pay our bills?'

We should reduce total government spending as a percentage of the economy.

For one thing, one of the wonderful things that we now have is instead of the huge budget surpluses that President Clinton left us with, we now have these huge deficits that we're going to be facing into the future.

You just don't see people running through the streets to have the deficit cut.

A public debt is a public curse and in a representative government greater than any other.

A national debt, properly funded and serviced, can be a potent instrument of national policy.

A national debt is the price of liberty.

American economic history does not support the idea that a strong economy depends on chronic federal borrowing.

I always think a debt ceiling is a good tool to carry something.

During his campaign, Donald J. Trump embraced the cause of fiscal responsibility and accused President Barack Obama of shackling the country with a 'mountain of debt.'

Ultimately, we can't just keep doubling our national debt every eight years. We have got to get that under control and not spend more than we bring in.

The biggest reason we know Justin Trudeau will raise taxes is because his never-ending deficits will force him to.

I served on the budget committee in the Senate, and I remember as vividly as if it were yesterday when we had a hearing in which Alan Greenspan came and justified increasing spending and cutting taxes, saying that we didn't really need to pay down the debt - outrageous in my view.

The party in power almost always unapologetically engages in deficit spending, while the other party argues passionately against the evils of debt and deficits.