Fiscal Impact Quotes

Some of the huge tax breaks that we gave to the wealthiest 1 percent of the population in this country during the Bush era have contributed significantly to the deficit.

I'm old enough to remember when Republicans loved the CBO because it tells the conservatives the thing that matters most to them which is how much is it going to cost taxpayers.

Economically considered, war and revolution are always bad business.

Health care costs are an issue both for the government and for our larger economy.

The plumber he says, never flush a tampon. This is great information, cost me half a weeks pay.

We do not see the sort of fundamental changes that would be necessary to reduce the trajectory of federal health spending by a significant amount and, on the contrary, the legislation significantly expands the federal responsibility for health care costs.

The truth is that E.U. citizens contribute far more to our economy and public services than they use.

The budgetary cost to the UK of the wars in Iraq and Afghanistan through 2010 will total more than £18 billion. If we include the social costs the total impact will exceed £20 billion.

War costs money. That means taxes and bonds and bonds and taxes. It means cutting luxuries and other non essentials.

When the private does well, there's revenue for the public sector.

My advice would be, as you consider fiscal policies, to keep in mind and look carefully at the impact those policies are likely to have on the economy's productive capacity, on productivity growth, and to the maximum extent possible, choose policies that would improve that long-run growth and productivity outlook.

Unfortunately the Republican tax cut will deny important revenues to many states facing their own deficits. This will create greater pressure for higher state and local taxes.

Make no mistake, if the payroll-tax cut is extended, it will become permanent. Social Security will become another welfare program as the tie between what someone pays and what they receive gets broken.

American taxpayers will be forced to foot the bill for the overwhelming costs of amnesty. Under current law, once 11 million illegal immigrants receive probationary status, they will immediately have access to federal benefits like Social Security and Obamacare coverage. If we thought we had a problem with government spending before, just wait.

If done correctly, dynamic scoring will provide a more complete picture of Congress's actions. This is exactly the type of modeling the private sector uses, and advances in data collection and analysis create an opportunity for it to be employed accurately.

My predecessor taxed wealthy, successful people at a higher rate than ever before. And what happened? They left. And what came of it? Did unemployment drop? No.

Demanding abrupt and expensive changes in public policy raises fair questions about ideological intentions.

There is an old adage that the quickest way to drop your tax take is to increase taxes. If capital gains tax is going to be 50 percent, my contingent capital gains tax is going to be 250 million pounds.

Amnesty will not help balance our budget ... In fact, a large-scale amnesty is likely to add trillions of dollars to the debt over time, accelerate Medicare's and Social Security's slide into insolvency and put enormous strain on our public-assistance programs.

Ultimate success for a carbon tax would mean so complete a shift to renewable energy that the tax would stop raising much revenue at all.

According to an analysis by the Tax Policy Center, Donald Trump's tax plan is going to increase the national debt by more than 50 percent over ten years.

Any effort of tax reform will produce winners and losers.

The [monetary] values affected by [administrative] decisions [of government agencies] probably exceed every year many times the dollar value of all money judgments rendered by the federal courts.

Tax cuts are like sex: When they are good, they are very, very good. And when they are bad, they are still pretty good.

In speech after speech on his health care plan, the President has tried to convince us that what he is proposing will be good for America. But, how can it be good for America if it raises taxes by a half trillion dollars and costs a trillion dollars or more to implement?