State Finances Quotes

Socialist governments traditionally do make a financial mess. They always run out of other people's money. It's quite a characteristic of them.

It is your tax which pays for public spending. The government have no money of their own. There is only taxpayers' money.

Every year, virtually every governor balances the budget.

Our national finances are in a ruinous state.

The state is out of control, the state is on a spending binge, the state has to stop putting itself in a hole that's getting deeper and deeper and deeper.

Our workers comp debt is the Achilles heel of our state's economy, and I firmly believe that in order to create more good jobs in West Virginia this system must be fixed and it must be fixed now. We cannot afford to wait even one more minute.

State constitutions typically provide that the state first has to service its debt, then make it pension payments, and then pay for services. What we don't know is whether that order will be enforced. And ultimately, the busted state is going to be looking to the federal government for a bailout. Think Greece, but on a much bigger scale.

No government can exist without taxation.... This money must of necessity be levied on the people; and the grand art consists in levying so as not to oppress.

We ought not to cripple them [the Australian States] using our power of direct taxation, unless under the stress of some great emergency; we ought to leave them free to enlarge their revenues by direct taxation [income and property taxes], seeing that they will have no power to resort to customs or excise duties if they want additional revenue.

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.

State governments generate less revenue in a recession. As state leaders struggle to make up for lost revenue, legislatures tend to cut funding for higher education. Colleges, in turn, answer these funding cuts with tuition hikes.

New Jerseyans knew that the SALT deduction cap would hurt.

You know, to preserve our job-friendly climate the Texas legislature didn't raise taxes this last legislative session while balancing their budget and maintaining their reserves - and might I add that our budget leaves $6 billion dollars in a rainy day fund?

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.

We've discussed the public sector union people. We are messing with their bread and butter. They have their hands in the treasuries of all states in which they operate and the US Treasury. They have their hands there. That's how they live. Now, we're broke and the states are broke for a multitude of reasons. What they're being paid is among them.

Well, fancy giving money to the Government! Might as well have put it down the drain. Fancy giving money to the Government! Nobody will see the stuff again. Well, they've not idea what money's for- Ten to one they'll start another war. I've heard a lot of silly things, but, Lor'! Fancy giving money to the Government!

Each citizen contributes to the revenues of the State a portion of his property in order that his tenure of the rest may be secure.

Our state has a balanced budget. We have to live within our means in the state of Wyoming. I was in the state senate. This country needs a balanced budget amendment to the Constitution.

And I just think that we're at a point in our economic life here in our state - and - and, candidly, across the country, where increased taxes is just the wrong way to go. The people of our state are not convinced that state government, county government, local government has done all they can with the money we already give them, rather than the money that we have...

I've, we have in this state, like many other states, we're experiencing an enormous budget deficit that we're trying to grapple with. But we will have progress despite the deficits.

Our state has a balanced budget. We have to live within our means in the state of Wyoming. I was in the state senate. This country needs a balanced budget amendment to the Constitution. We need to live within our means.

A federal bailout would spare California from having to make spending cuts needed to bring its budget into balance. The matter has become urgent since California voters rejected several tax-hiking ballot initiatives. Rather than taking the vote as a signal to dramatically curtail spending, the state turned to the feds. If they get a free pass, the politicians can avoid fixing any of their past mistakes or preparing California for the future.

Almost everywhere else in Europe, the more military the state, the stronger the king - except in Britain. Here it was parliament, not the monarchy, who signed the cheques. The longer the war went on, the stronger parliament became, as the purse on which it sat grew bigger and bigger.

We give tremendous amounts of money to California - California in many ways is out of control.

Great nations are never impoverished by private, though they sometimes are by public prodigality and misconduct.