Daniel Hannan Quotes
A trillion here, a trillion there and pretty soon you're talking about real money.
This quotation is attributed to the Senator by hundreds of sources, many very relaiable. This indicates to us that it was a line he used on several occasions. However the Dirksen Center staff has not been able to find the quotation amongst his writings and his radio and television appearances that they have transcripts for.
Although the Professor was often right about this technique, at the time he made this statement, the Clinton administration was actually cutting spending and using much of the revenue to pay for the deficit—just the opposite of what the Professor was worried about. It was successful and the deficit was eliminated and surpluses were projected. However the succeeding administration more closely followed the professor’s pattern and increased spending enormously for serious needs, but also cut taxes, so that we went during the Bush administration from the largest projected surplus in American history to the greatest deficit in American history.
Daniel John Hannan, Baron Hannan of Kingsclere is a British writer, journalist and former politician serving as an adviser to the Board of Trade since 2020. He is the founding president of the Initiative for Free Trade. A member of the Conservative Party, he was a Member of the European Parliament (MEP) for South East England from 1999 to 2020.