Paul Sadler Quotes

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.

And I have to tell you as a grandmother, I worry about the fact that my grandchildren are going to be paying for all the spending, including military spending, that has gone on and the tax cuts that have come through.

We have to find a way that every Coloradan can participate in our economic growth and feel that all the changes that are occurring are working to their benefit rather than their detriment.

Basically, if you're a young Canadian now and Trudeau puts this country into $1.5 trillion in debt, you will never have the opportunity that I had as a young Canadian.

It is day after day in this institution, borrow money, run up the debt, run up the deficits and then with a straight face say, we are going to repeal a tax that affects 1 percent of the American people, just 1 percent of the American people.

A national debt, if it is not excessive, will be to us a national blessing.

When the country's indebtedness is so colossal and where the budget deficit is so huge, there is a moral obligation on people to pay their fair and reasonable dues.

Spending and tax cut decisions must be both fiscally responsible and fair to our working families. I believe that fiscal responsibility is the way to create prosperity for America and secure the retirement of America's seniors.

America has to ask itself not what it wants, but what it can afford... The New Deal, in my mind, has become a raw deal for my children.

So when I look at spending more dollars, I look at the fact, do I really want my kids and your kids and everybody else's kids in this country to have to pay that bill?

We're going to need to absorb some pain. The Republicans want to pile all the pain on people who can least afford it and the middle class and Democrats under his leadership want to make sure that we can address deficit reduction and continue to make investments and shared sacrifice is going to be imperative in order to be able to do that.

The truth is that as we move forward, if one side says we can't raise any taxes on anybody or any interest, and the other side says we can't cut anything, we're obviously not going to make progress on this. And our interest is in making progress on this.

Every dollar that is printed should not represent a debt to private bankers. It should represent an investment potential in the common good, in the common needs of our country.

Besides, we had a large debt, contracted at home and abroad in our War of Independence; therefore the great power of taxation was conferred upon this Government.

Government can’t deliver a free lunch to the country as a whole. It can, however, determine who pays for lunch.

People don’t want Washington to grow faster than their ability to pay for it.

A mature welfare state is always broke.

To add current expenses of the Government to the national debt ... and thereby pass the current cost of government to the next generation is not only bad financing but very bad statesmanship.

As an individual who undertakes to live by borrowing, soon finds his original means devoured by interest, and next no one left to borrow from—so it must be with a government.

A public debt is a public curse and in a representative government greater than any other.

Who can pretend that commercial imposts are, or would be, alone equal to the present and future exigencies of the Union?

Between debt and taxes Americans had usually chosen debt.

America is not better off than it was $1.8 trillion dollars ago.

America needs a new approach to boost the economy - one that does not doom future generations to being saddled with paying off today's federal deficits.

During his campaign, Donald J. Trump embraced the cause of fiscal responsibility and accused President Barack Obama of shackling the country with a 'mountain of debt.'