Chaka Fattah Quotes

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

It's all right to agree or disagree on the balanced budget amendment. It's all right to talk about how we're going to appropriate.

My opponent Senator Menendez and his colleagues are pursuing what I consider a Jon Corzine economic policy. Higher taxes, more spending, more debt.

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

The Tea Party knows that continuing to delay charting a course to spending reform hurts everybody.

We should reduce total government spending as a percentage of the economy. The left wants to focus on the deficit so they can take us away from the focus on spending as a percentage of the economy.

If you ask people do you think that government should spend less money than what it takes in, most people agree with that.

Coolidge believed that government officials who tell themselves that spending benefits the economy delude themselves and the citizens. Government budgets promote human freedom.

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.

Not in the constitution, but I would propose a law to the French parliament that provides for reducing the budget deficit year by year, until we have reached a balanced budget by 2017.

In my political career, I'd like to see a constitutional balanced budget amendment.

No one in the modern history of this country, no president, has done more to move toward a balanced budget than has President Bill Clinton.

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.

You cannot spend your way out of recession or borrow your way out of debt.

As a fiscal conservative, I think that our government should pay for itself.

Look, I'm very much in favor of tax cuts, but not with borrowed money. And the problem that we've gotten into in recent years is spending programs with borrowed money, tax cuts with borrowed money, and at the end of the day that proves disastrous. And my view is I don't think we can play subtle policy here.

Now make no mistake, I think we need a strong dose of fiscal conservatism in Washington, D.C.

Even with not having a balanced budget at this time, I support tax cuts. That will help limit spending.

I am a deficit hawk.

First of all, I don't like to speak about austerity. I'd prefer to speak of fiscal discipline. Fiscal discipline, in the end, amounts to austerity if it is not accompanied by other policies.

The deficit only became a big problem in the Reagan-Bush years. For 12 years, Republican presidents talked about balancing the budget, but failed to propose one.

We're committed to working with Congress to doing what the president said he was always going to do, which is cut the deficit in half over the - over his first term.

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.

Most of the major increases in the debt ceiling have been accompanied by structural changes in the way we raise and spend money.

The goal is to reduce the size and scope of government spending, not to focus on the deficit. The deficit is the symptom of the disease.