John W. Snow Quotes

Tonight I come before you to announce that the Federal Deficit will be simply zero.

Without deficit reduction, we cannot have sustained economic growth.

The single greatest force for deficit reduction is a growing economy.

I believe that if we are able to, obviously we need to ensure that we have a robust budget that's balanced, but there's no way I would ever accept austerity.

I served at a time when we had a strong economy, when we had deficits that we would die for today. I was able to propose a balanced budget, not over ten years, but over five years. I'm proud of that record.

Our priority must be to build a path towards balancing the budget, and we cannot tolerate growing deficits.

You know, to preserve our job-friendly climate the Texas legislature didn't raise taxes this last legislative session while balancing their budget and maintaining their reserves - and might I add that our budget leaves $6 billion dollars in a rainy day fund?

We had a $10 billion budget deficit when we got here in January of 2003. We cut that budget deficit; we did not raise taxes; we came back in '05, and we had an $8 billion surplus. That's how fast it can happen.

The issue is not growth verses fiscal responsibility. We need both!

Fourth, to assure every entrepreneur and every job creator that their investments in America will not vanish as have those in Greece, we will cut the deficit and put America on track to a balanced budget.

Look at what happened in the 1990s: when they balanced the federal budget, it was through growth in the economy and controlling spending.

As always, it would be important to ensure that any fiscal policy changes did not compromise long-run fiscal sustainability.

A Syriza government will respect Greece's obligation as a eurozone member to maintain a balanced budget and will commit to quantitative targets.

Near-term deficits are temporary and manageable if - and only if - we keep spending in check, the tax burden low and the economy growing.

As the President reviewed the state of the union and unveiled his second-term agenda, he fell short of adequately explaining how he intends to set America back on the course of fiscal responsibility and secure the fiscal health of the nation.

Defense spending as a share of the economy dropped significantly during the early 1990s, and that was one of the things, along with other policy changes, that put us back on the path to a balanced budget.

Sound public finances are the essential foundation on which to construct a better-balanced economy from the wreckage of Labour's boom and bust. But it is economic growth that will create the jobs and the prosperity for the future and enable us to pay down Labour's debt.

When Bill Clinton was in town, he sent over a balanced budget.

In fact, I think - our view of this is that while the agreement, the compromise did not achieve the kind of super-sized deficit reduction that we sought, it did end the uncertainty around the perception, the possibility that the United States might default on its obligations for its first time. That was a good thing.

I think achieving a higher fiscal stability is also a very important condition for restoring an environment which is conducive to growth.

I think where I differ a little bit, we absolutely have to think about the deficit looking down the road. And certainly that's something the president has said that we need to, as the economy recovers, have a plan in place for getting it down.

I mean, the fact of the matter is, Ohio 's coming back because we set a clear path, we cut taxes, we balanced our budget, we got credit upgrades when the whole rest of the world, including America, was being downgraded.

It is vital that we get these policies right as we take forward our plans to drive down the deficit and transform our economy.

Tonight, I come before you to announce that the federal deficit, once so incomprehensibly large that it had eleven zeroes, will be, simply zero.

Let us have the courage to stop borrowing to meet continuing deficits. Revenues must cover expenditures by one means or another. Any government, like any family, can, for a year, spend a little more than it earns. But you know and I know that a continuation of the habit means the poor house.