Yair Lapid Quotes

We ought to pay down the national debt, ... The American people are tired of people who make promises about cutting taxes that they cannot keep.

I believe, as a matter of principle, that the debt is a problem that must be addressed sooner rather than later. I also know that fundamental changes are necessary in the way Washington spends and taxes if we truly want a healthy economy.

Today I am pledging to cut the deficit we inherited in half by the end of my first term in office.

Only dramatic cuts in the federal deficit, a rollback of regulations that cripple small and community banks, a cancellation of future tax increase plans, a big reduction in federal spending, repeal of Obamacare, freeing manufacturing from the prospect of carbon taxation and unleashing out domestic energy potential can solve our problems. But Obama is not about to undo his legacy of disaster for the American people.

You cannot tackle Britain's debts without tackling the unreformed welfare system.

While there are no easy solutions to this problem, the Deficit Reduction Act gets us started in the right direction by beginning with the most obvious, commonsense reforms to save taxpayer dollars.

We want to make sure that tax reform doesn't increase the size of the deficit.

When my husband was president, we went from a $300 billion deficit to a $200 billion surplus and we were actually on the path to eliminating the national debt. When President Obama came into office, he inherited the worst economic disaster since the Great Depression. He has cut the deficit by two-thirds.

There is apparently nowhere a workable majority in the representative assemblies for making the specific cuts in expenditure which could bring down the taxes, and in election after election the people vote into power representatives who are as unable as they are unwilling to do anything about it.

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

To the extent that we've got a fiscal crisis right now, part of it is prompted by a bullheaded insistence on the part of the president, for example, that we should extend all of his tax cuts, make all of them permanent.

The [Donald] Trump plan would increase the national debt a little over a $1 trillion a year, the Trump plan would reduce taxes at all income levels with, of course, the biggest tax cuts going to the richest taxpayers as they always do.

It is my view that what is important is cutting government spending, however spending is financed. A so-called deficit is a disguised and hidden form of taxation. The real burden on the public is what government spends (and mandates others to spend). As I have said repeatedly, I would rather have government spend one trillion dollars with a deficit of a half a trillion than have government spend two trillion dollars with no deficit.

I support responsible spending, and balancing the budget, but this tax cut and the budget cuts of last month accomplish neither of these goals.

I do think that Republicans are flirting with their tax cut, which has always been the narcotic of Republicans, that they in fact have to at some point, with any remote pretense of candor, abandon any pretense of a balanced budget.I mean, they talk about - because they are going to finance the tax cut by tax cuts. That's how they're going to do it. And I do think that the will is there right now in the Congress to act. I think they will be as close to unity as you will see on Capitol Hill this year.

I love listening to these guys give us lectures about debt and deficits. I inherited a trillion-dollar deficit. ... This notion that somehow we caused the deficits is just wrong. It's just not true. ... If they start trying to give you a bunch of facts and figures suggesting that it's true, what they're not telling you is they baked all this stuff into the cake with those tax cuts and a prescription drug plan that they didn't pay for and the wars.

[Deficits are] a yawner. We, as Republicans, have talked about deficits and balanced budgets since the days of Roosevelt, and the people simply haven't listened, because they can't relate to those huge numbers.

This country right now owes $19 trillion. And they need somebody like me to straighten out that mess.

Today we care about budgets more than anything. Our American future hangs on the ability of government to cut budget.

Of course, there's been a real debate about where to invest and where to cut, and I'm committed to working with members of both parties to cut our deficits and debt. But we can't simply cut our way to prosperity.

I should say the leadership's proposal in the Senate and the House are very unpopular. And when people realize it will raise taxes, raise their insurance premiums cost and explode the deficit, they think twice about it.

If the US Government was a family—they would be making $58,000 a year, spending $75,000 a year, & are $327,000 in credit card debt. They are currently proposing BIG spending cuts to reduce their spending to $72,000 a year. These are the actual proportions of the federal budget & debt, reduced to a level that we can understand.

I said to my people, "We're knocking apartheid off but we've got to be prepared to assist them." And I sent senior people over there to assist the incoming South African regime to go about the economic plan.

The federal budget deficit is the biggest single impediment to revitalizing the American economy.

If we can’t puncture some of the mythology around austerity, politics or tax cuts or the mythology that’s been built up around the Reagan revolution, where somehow people genuinely think that he slashed government and slashed the deficit and that the recovery was because of all these massive tax cuts, as opposed to a shift in interest-rate policy - if we can’t describe that effectively, then we’re doomed to keep on making more and more mistakes.