Phil Gramm Quotes

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.

This was a variation of the quotation of Canadian Minister of Finance, Jean Chretien, a decade earlier.
Phil Gramm
Phil Gramm
  • Born: July 8, 1942
  • Nationality: American
  • Profession: Politician

William Philip Gramm is an American economist and politician who represented Texas in both houses of Congress. Though he began his political career as a Democrat, Gramm switched to the Republican Party in 1983. In Congress, Gramm sponsored major acts of financial deregulation.