Simon Cowell Quotes

When national debts have once been accumulated to a certain degree, there is scarce, I believe, a single instance of their having been fairly and completely paid. The liberation of the public revenue, if it has ever been brought about at all, has always been brought about by bankruptcy; sometimes by an avowed one, but always by a real one, though frequently by a pretend payment.

We can have tax cuts, but when we have tax cuts and do not have a surplus, the amount of the tax cut goes straight to the bottom line, adds to the deficit, and the deficit adds to the national debt, and sooner or later, the debt has to be paid.

If we don't change the way Washington operates we're going to bankrupt our children and grandchildren.

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

So when I look at spending more dollars, I look at the fact, do I really want my kids and your kids and everybody else's kids in this country to have to pay that bill?

I think that we have a responsibility to make certain that we are fiscally responsible in order to assure, frankly, future generations don't have to pay our bills.

You just don't see people running through the streets to have the deficit cut.

May the debt of the United States be discharged with speed and punctuality; and let not the people be deceived, by having the funds, established for that purpose, put to other uses.

We are borrowing cheaply because we are the best looking horse in the glue factory.

We all have to resist the temptation to finance growth with increased debt yet again.

Not raising the debt ceiling is not an automatic trigger for a default.

We have to deal with the nation's debt.

Yes, we can pay the interest on the debt. We can renew the $500 billion worth of bonds that are coming due. We can mail out our Social Security checks. We can make sure those Medicare claims are honored. We can pay our military. We can protect our veterans. But when you get beyond that, the soup gets a little thin.

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

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

Would I advise early-stage companies against taking debt? One hundred percent yes.

Look, I don't dispute that the deficit has increased.

I am not worried about the deficit. It is big enough to take care of itself.

What our Republican friends are doing, if we look at what they do and not what they say, they have decided that the most important thing in this country is to increase payments for interest on the national debt.

The party in power almost always unapologetically engages in deficit spending, while the other party argues passionately against the evils of debt and deficits.

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.

If we don't get a grip on government spending, there will be no growth.

Restore, without delay, the equilibrium between revenue and expenditures, which has done so much to destroy our credit and derange the whole fabric of government. If that should not be done, the government and country will be involved, ere long, in overwhelming difficulties.

What I'm concerned about is endless borrowing, which is going to compromise our economy not only today but in the future. Because we know the decisions we make right now really dramatically impact us in the future, and the debt is literally getting out of our control.

The UK downgrade will come as little surprise to many. It does not appear to be occurring because the UK is cutting its deficit too far and too fast.