State Finance Quotes

Every year, virtually every governor balances the budget.

It's no accident that Montana is the most fiscally prudent state in the nation.

I'm the treasurer of the state of Ohio, where, when the United States credit rating was downgraded for the first time in American history, and 14 government funds around the country were downgraded, we earned the highest rating we could earn on our $4 billion investment fund.

Government always finds a need for whatever money it gets.

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.

Uncollected sales taxes on Internet purchases cost the states more than $16 billion in 2001.

Arizona faces many challenges ahead. None is more important or more pressing than passing a new state budget.

We're only one of a few states that have maintained our Triple-A bond rating from the major rating agencies.

Many states rely on sales tax as their principle source of revenue and do not have a State income tax.

Reforming PERA will strengthen and improve Colorado's all-important long term standing with credit rating agencies.

In California, of all places, entertainment is the key to a vibrant economy. If we do not develop young adults capable of entering that world, the financial base of this state is sure to suffer and impact all of us.

All those who controlled the moneyed institutions of the state either did not choose to do business with us, or they feared the ill will of a certain class of businessmen who considered their interests antagonistic to those of our order.

By the aristocracy of finance must here be understood not merely the great loan promoters and speculators in public funds, in regard to whom it is immediately obvious that their interests coincide with the interests of the state power. All modern finance, the whole of the banking business, is interwoven in the closest fashion with public credit.

We don't want gambling income. We'll find some other way to finance our state.

One proposes raising the value of specie when the King's debts are large, and lowering it when his revenues were to come in, that so he might both pay much with a little, and in a little receive a great deal: another proposes a pretence of a war, that money might be raised in order to carry it on, and that a peace be concluded as soon as that was done; and this with such appearances of religion as might work on the people, and make them impute it to the piety of their prince, and to his tenderness for the lives of his subjects.

As I said in my state of the state address, we can no longer rely on gaming and sales taxes to pay our way. Indian gaming next door in California is eroding our major industry in Nevada.

Michigan is also the only industrial state that has a AAA credit rating.

Utah has benefited from setting smart tax policy. That said, public finding is dynamic enough that we cannot just set the tax policy and presume that it does not require continual review and adjustment.

Why would Senator Allen want to oppose saving money for the state? It's simply another example of Republicans fighting the governor tooth and nail against any measure where she might be able to turn the state's budget around.

From the time I took office as Chancellor of the Exchequer, I began to learn that the State held, in the face of the Bank and the City, an essentially false position as to finance. The Government itself was not to be a substantive power, but was to leave the Money Power supreme and unquestioned.

Are there no American citizens sympathizing with whiteguard emigres who conduct propaganda in favor of capitalism, against the Soviets? Then what does the point involve? The point is not to assist these persons, not to finance their activities. The point is that officials of both countries should not interfere in the internal affairs of the other country.

During my four years as treasurer, we restructured our pension system, cutting the state's unfunded liability almost by half and putting our retirement system on stronger footing.

Addressing budget issues is usually a balancing act in which cuts are weighed against revenue increases to find the best solution for the state.

What are the characteristics of today's world so that one may recognize it by them?" It pays pensions and borrows money: credit and monuments.

We can't have deficit spending in Texas. You have to balance your budget every two years.