Neil deGrasse Tyson Quotes

The failure to work out sensible budgets makes it impossible for government agencies to make long-term plans, and instead leaves them scrambling to spend money in the short term.

The conservative position that all spending is evil obliterates any distinction between investment and consumption, between the long-term and the short-term.

We'll set our approach to borrowing, to spending, to taxation, in a sensible way on a sensible timescale.

We are worried about the size of the deficit, which is why the president is pleased that the House and Senate have followed his lead in cutting the deficit in half over the next five years.

All the states are required, either by constitution or by statute, to have balanced budgets - they're not able to print money. So they have to focus on establishing priorities.

I think if you go beyond a year - if this continues into the system in the out years, I think there is a risk and that - that we could have a negative reaction in the bond market and that will offset the good that was attempted to be done.

Everyone knows the U.S. economy shouldn't be so reliant on consumption. More investments should be made.

Raising the debt ceiling is not additional spending. It is simply saying, you, the United States of America, can continue to borrow the money you need to pay the bills you have already rung up.

I don't mind the government accruing debts as long as every dollar is spent effectively with a high return. That works out fine. If you accumulate debts and waste your money, that's, of course, a disaster.

But obviously, we're looking for all good ideas to help deal with our long-term debt problem. This is something that is going to affect our economy. It affects our kids. And we need to deal with it.

Putting together a sustainable budget requires that we all work together, that we focus our scarce resources on key priorities, and that we strengthen our capacity to deliver the best product we can for the American people. And that takes money.

Every time we spend a federal dollar, what we're doing is we're pulling money out of somebody's pocket, and we're giving it to somebody else.

We've not had one Republican president in 34 years balance the budget. You can't trust right-wing Republicans with your money. You ought to hire somebody who has balanced a budget. I'm much more conservative with money than George Bush is.

It's insane to try to balance the budget.

If you don't get spending under control, eventually you're going to have a big tax increase.

The problem is not that people are taxed too little, the problem is that government spends too much.

Governments enjoying surpluses have a very strong temptation to splash money around, and while tax cuts are always appealing, cutting taxes at the top of a boom runs the real risk of creating a structural deficit when the boom subsides.

One of the big challenges for our party is to demonstrate to people that we have an agenda for economic prosperity and that we can be trusted with their money.

There is no question that we are in a period in which we are going to have to use those sources to fund about 35 million dollars a year that used to be paid for by the federal government.

Most of the money I make now comes from investments from CrunchFund. And the vast majority of that is what's called carried interest.

A budget in difficult times can and must serve the people for whom it is designed.

Let us act with our eyes open. We are going to have a deficit next fiscal year and the year after that.

The revenue you take in should be enough to cover the revenue that you spend and go beyond that to get a reserve. In order to do that we [in California] need cuts and pension reforms, and taxes.

When the times were good, many leaders neglected to keep pushing reforms and to invest profits wisely. As a consequence, their nations are now struggling to sustain growth.

Having billions of dollars immediately available to plug budget holes without raising taxes is very appealing. And to the delight of Wall Street investors, state and local governments often fail to ask the important questions or consider the long-term impact.