Bob Corker Quotes

The debt ceiling is not something to toy with.

I think at the end of the day we have to raise the debt ceiling, because America pays its bills.

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 was no avoiding the fact that we were going to hit our debt ceiling.

I certainly don't want our nation to go into default, but at the same time, I'm very concerned about our ongoing debt problem.

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.

If we don't get a grip on government spending, there will be no growth.

Nobody wants to put the creditworthiness of the United States in jeopardy. Nobody wants to see the United States default. So we've got to seize this moment, and we have to seize it soon.

I do not want America to default on its debt.

Defaulting on our [national] debt is defaulting on America.

I don't see why anybody's playing chicken with the debt ceiling.

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

Not raising the debt ceiling is not an automatic trigger for a default.

I think it's important that people know what raising the debt ceiling is. It's Congress giving permission to the federal government to borrow more money that we don't have, and we borrow it for the purpose of spending it.

Restore, without delay, the equilibrium between revenue and expenditures, which has done so much to destroy our credit and derange the whole fabric of government. If that should not be done, the government and country will be involved, ere long, in overwhelming difficulties.

People try to live within their income so they can afford to pay taxes to a government that can't live within its income.

It is simply science fiction fantasy to say that, if you do not raise the debt ceiling, that everything is going to collapse.

We can't continue to kick the can when it comes to the fiscal state of this country.

I am not wrong in the belief that its public funds are more secure than those of all the European powers.

I don't know of any of us that want to see any kind of default happen.

When President Obama was in the Senate, when he was a U.S. senator, he voted against raising the debt ceiling. And he said it was a lack of leadership that had brought us to this point.

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

If we get to the point where we damage the full faith and credit of the United States, that would be the first default in history caused purely by insanity.

We have to deal with the nation's debt.

Not raising the debt ceiling does not trigger a default, because we've got enough money to service our debts. Default is when you can't service your debt.