Pete Sessions Quotes

Republicans spend and borrow, Democrats tax and spend.

We know this much about how Barack Obama plans to govern: He will deploy the fattest checkbook ever at the disposal of an incoming American president.

On economic policy, my support of smaller government, lower taxes and economic reform is consistent with the mainstream of the Republican Party in the United States and with many Democrats as well.

A long term tax cut is not a tax cut at all unless it is accompanied by a spending cut.

I believe reduced spending, lower taxation, and economic growth go hand-in-hand.

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

History speaks pretty clearly that the markets do better with Democrats. Republicans' ideas of what constitutes fiscal responsibility simply are not good for the stock market. Democrats have many tendencies, but one of them is to look after the workers, and actually that tends to be good for demand and good for markets.

The Democrats want government to do the spending. Senator McCain wants families to do the spending.

Past experience with fiscal austerity at home and overseas strongly suggests that it is best for the economy's long-run performance to restrain government spending rather than raise taxes.

Defense spending as a share of the economy dropped significantly during the early 1990s, and that was one of the things, along with other policy changes, that put us back on the path to a balanced budget.

It is the Democrats who get the economic engine of this economy moving forward again.

In the past, proactive fiscal polices almost always meant just more investment and an increase in the fiscal deficit.

You know, the Democrats want to balance the budget by raising spending and raising taxes. The Soviet Union had a balanced budget.

The more we can do to address fiscal austerity, the better our markets will do, and there is a real political shift to doing that.

The best thing to hold down spending is to have a Democratic President and a Republican Congress.

We used to think that we could spend our way out of a recession…. I tell you in all candor that that opinion no longer exists.

The difference between American parties is actually simple. Democrats are in favor of higher taxes to pay for greater spending, while Republicans are in favor of greater spending, for which the taxpayers will pay.

Let's be clear: raising taxes during a very slow recovery is likely to lead to another recession, and it will do absolutely nothing to balance the budget.

We simply can't spend our way out of a recession.

There's not an appropriations bill in the last 10 years that the-that Democrats passed in the Congress. We haven't spent any money of your taxes in the last decade.

We are not jumping on the austerity bandwagon. A healthy economy is by far the most important thing for Social Democrats.

Our economy grew at double the rate of the nation. We created 1.3 million jobs. We led the nation seven out of those eight years. We were only one of two states that went to AAA bond rating. I cut taxes, $19 billion. If you do that and apply conservative principles the right way, you create an environment where everybody rises up.

We should reduce total government spending as a percentage of the economy. The left wants to focus on the deficit so they can take us away from the focus on spending as a percentage of the economy.

I can tell you if you look at the polls, Democrats, Republicans, Independents, they do not think we should increase the debt limit.

The great thing about fiscal policy is that it has a direct impact and doesn't require you to bind the hands of future policymakers.