Rand Paul Quotes

Have you noticed the debt is exploding? And it's not all because of Medicare.

When you get the economy growing, that's when you can deal with the national debt.

I know that my Republican colleagues are as ashamed as I am that the United States is forced to borrow over $1 trillion from foreign nations to pay for our national priorities like reconstruction of the gulf coast and the war in Iraq.

The truth, Prime Minister, is that you have run out of our money. The country as a whole is now in negative equity. Every British child is born owing around 20,000 pounds. Servicing the interest on that debt is going to cost more than educating the child.

People like Pete Peterson, the former secretary of commerce and Blackstone and titan of Wall Street, etc., has been writing books for years about the debt and deficit.

When the federal government spends more each year than it collects in tax revenues, it has three choices: It can raise taxes, print money, or borrow money. While these actions may benefit politicians, all three options are bad for average Americans.

The federal government is enormous; it never shrinks. And the interest is killing us.

We've had years and years and years of compromises, and that's led to $14 trillion in debt.

The American people care about the fact that we have $17 trillion in debt and 10 percent of every tax dollar that's coming in is going to pay for past overspending.

I think if we give Glenn Beck the numbers, he can solve this [the national debt].

A national debt if it is not excessive will be to us a national blessing; it will be powerfull cement of our union. It will also create a necessity for keeping up taxation to a degree which without being oppressive, will be a spur to industry.

The president has borrowed more money to spend to less effect than anybody on the planet.

Moreover, because we chose to finance the way by borrowing, our deficits and debt has soared, and this means we have less room for maneuver, less money available to stimulate the eocnomy in the way needed.

There are respectable individuals, who from a just aversion to an accumulation of Public debt, are unwilling to concede to it any kind of utility, who can discern no good to alleviate the ill with which they suppose it pregnant; who cannot be persuaded that it ought in any sense to be viewed as an increase of capital lest it should be inferred, that the more debt the more capital, the greater the burthens the greater the blessings of the community.

It took the first 204 years of our Nation's history to accumulate $1 trillion in debt. And now we are doing that every 2 or 3 years.

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.

The debt they ran up in the first year of the Obama administration is bigger than the last four years of the Bush combined.

Government is just spending too much money.

When George W. Bush entered office, the national debt was $5 trillion. When he left, it was $10 trillion. I think the administration spent too much money.

Obviously, there has to be a profound change in direction. Otherwise, interest on the national debt will start eating up virtually every penny that we have.

When you're the president of the United States and you know that the biggest issue facing you is this cliff that we're about ready to head over if we don't get this spending and debt situation under control, it's very irresponsible not to take the action that is necessary to fix the problem.

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

I'm outraged that we're building roads, schools, and hospitals in Iraq and Afghanistan, and that we're doing it with borrowed money from China that we're paying interest on. I'm outraged.

I do not want America to default on its debt.

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.