Mike Pence Quotes

We have mountain of debt that isn't going away and all the problems are here to stay, and anybody who tells you that is a good thing ought to get out of the business of helping the government down the road.

One of the cruellest things of all is to have a huge deficit in this country, meaning that everyone's children will be expected to pay back for our debt today. That is unfair as well.

After the $700 billion bailout, the trillion-dollar stimulus, and the massive budget bill with over 9,000 earmarks, many of you implored Washington to please stop spending money we don't have. But, instead of cutting, we saw an unprecedented explosion of government spending and debt, unlike anything we have seen in the history of our country.

I want to share with the American people that President Bush and the Republican majority in just 4 years have borrowed $1.05 trillion from foreign nations. That is selling our country to other nations because of the spending that is going on.

Now we are raising the debt limit 3 times, up to $8 trillion, so that our children and our grandchildren will have to pay for the cost of our expenditures.

My friend Paul Ryan talks about fiscal responsibility, but voted to put two wars on a credit card.

We have been maintaining a standard of living by putting things on the debt of the next generation.

If anybody ran a business like that they would be out of business quickly, and Barack Obama's leadership is driving this business, the United States of America, toward a fiscal cliff.

For the last 4 years, our Federal Government has produced the four biggest deficits in history, and the estimated 2006 deficit of $423 billion is projected to be the largest of all.

A public debt is a kind of anchor in the storm; but if the anchor be too heavy for the vessel, she will be sunk by that very weight which was intended for her preservation.

With this bill we are waste deep in manure instead of being neck deep. Hooray I guess.

Your Minister of Finance must confess to Your Majesty that he is frozen with terror on examining the budget for the War, and must also that he knows of no means by which such expenses can possibly be met….

The federal government is enormous; it never shrinks. And the interest is killing us.

The easiest thing that is done, unfortunately, in Washington is to spend money today and send the bill to our children and grandchildren.

The massive debt we have racked up to finance our wasteful government is pulling down growth today. Gross debt over 90 percent of GDP weakens growth now. Not tomorrow - now.

The number of jobs created under President Barack Obama's stimulus turned out to be fewer than the number we would have had if the government had done nothing - according to the Obama administration's own analysis. So we got $9 trillion of debt with almost nothing to pay for it.

The burden of the national debt consists not in its being so many millions, or so many hundred millions, but in the quantity of taxes collected every year to pay the interest. If this quantity continue the same, the burden of the national debt is the same to all intents and purposes, be the capital more or less.

The greatest threat to our national security is our debt. We borrow a million dollars a minute.

It took the first 204 years of our Nation's history to accumulate $1 trillion in debt. And now we are doing that every 2 or 3 years.

When I was a youngster growing up in South Dakota, we never referred to the national debt, it was always referred to as the war debt because it stemmed from World War I.

The Obama administration's large and sustained increases in debt raise the specter of another financial crisis and large future tax increases, further chilling business investment and job creation.

Debt is the fatal disease of republics, the first thing and the mightiest to undermine governments and corrupt the people.

The federal government now spends one of every four dollars in the entire economy. It borrows one of every three dollars it spends. No nation, no entity, large or small, public or private, can thrive, or survive intact, with debts as huge as ours.

The debt they ran up in the first year of the Obama administration is bigger than the last four years of the Bush combined.

He is blind indeed who does not see, in the signs of the times, a strong tendency to plunge the Union as deep in debt as are many of the States, and to subjugate the whole to the paper system.