Dick Armey Quotes
The closest thing you ever get to a cut is a decrease in the rate of increase of government spending.
Richard K. Armey, U. S. Congressman (Republican, TX), Interview, NBC Meet the Press, February 14, 1993
Sourced by: Eigen's Political and Historical Quotations
In 1964 the treasury secretary asked the president how to sell the proposed budget to Congress:
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.
The Dutch King’s brother, Emperor Napoleon Bonaparte Bonaparte, insisted on Dutch contributions to his war effort in the way of Dutch troops, ships and provisions. Yet there was not enough possible revenue to pay for such a war effort.
The country was in a terrible recession and McKinley and other politicians of the time did not know about or understand the use of a counter-cyclical policy of government stimulus. With the economy devastated and the main revenue for the Federal Government coming only from import customs duty, the Federal coffers were emptying rapidly. Retrenchment was the only possible step that was then known.
1st Viscount Snowden
In the non-defense side of the budget a very large proportion of the budget is for entitlements like Social Security and Mediacre which are obligations that must be paid. The remainder, the smaller part is everything else--funding the cabinet departments, all the medical and sdcientific research, all the federal aid to public dchools and police departments, all the welfare, foodstamp and other programs for the poor, the costs of the Federal COurt System, the White House, the Congress, the State Department, foreign aid, Homeland security, weatehr forcasting, all the agricultural programs, and viirtually everything the governmetn does. In 2017 President Donals Trump submitted a budget to COngress that increased defense spending by a fulll 10 percent, and gave a hugh tax cut for the wealthy and the corporations. To balance the budget, he propsoed eliminateing man of the existing progrms like "Meals on Wheels" which brings at least 1 hot meal a day to homebound poor eldertly people, and a host of other critical programs. He had no previous experience with a government budget which was thoudands of times larger and more complex than any budget he had ever seen. So many in Congress, in both partiesd, were very critical of the budget and Congress then started to create its own buget. This quote expressed the heart of the problem.
Richard Keith Armey is an American economist and politician. He was a U.S. Representative from Texas's 26th congressional district (1985–2003) and House Majority Leader (1995–2003). He was one of the engineers of the "Republican Revolution" of the 1990s, in which Republicans were elected to majorities of both houses of Congress for the first time in four decades. Armey was one of the chief authors of the Contract with America. Armey is also an author and former economics professor. After his retirement from Congress, he has worked as a consultant, advisor, and lobbyist.