Deficits are like putting dynamite in the hands of children. They can get out of control very quickly.
My desire to experiment comes from my attention-deficit approach to cosmetics. I just get really bored, really easily.
Well, a deficit reflects an imbalance between spending and revenue, and so narrowing it requires acting on one, the other or both.
Our priority must be to build a path towards balancing the budget, and we cannot tolerate growing deficits.
We can't have deficit spending in Texas. You have to balance your budget every two years.
I want to be very clear: I will not sign on to any health plan that adds to our deficits over the next decade.
Reconciliation cannot be used to pass comprehensive health care reform. It won't work because it was never designed for that kind of significant legislation; it was designed for deficit reduction.
History is replete with examples of moments in time when we talk about deficit reduction and try to advance on it around the world, that is, where it leads to job losses, not job creation.
The only way that we can reduce our financial dependence on the inflow of funds from the rest of the world is to reduce our trade deficit.
But if they want to really think about the fiscal future of this country, then think about how we have moved from hundreds of billions of surpluses to hundreds of billions of deficits.
Near-term deficits are temporary and manageable if - and only if - we keep spending in check, the tax burden low and the economy growing.
We should reduce total government spending as a percentage of the economy. The left wants to focus on the deficit so they can take us away from the focus on spending as a percentage of the economy.
The trade deficit is the capital surplus and don't ever think of having a capital surplus as being a bad thing for our country.
I think it's absolutely clear that the fiscal path we are on is not sustainable, and for me, the best analogy is these deficits are like a cancer, and over time they will destroy the country from within.
Once you run current-account deficits, you depend on the kindness of strangers. This might be the beginning of the end of the American empire.
Well, I think what we need to remember is that budget deficits can impede economic activity.
I've never been able to get it straight about what these people who are worried about the trade deficit are worried about.
When Grover Norquist launched his project to name anything and everything after Ronald Reagan, I humbly proposed that the deficit be re-christened 'the Reagan.'
The fight against child slavery is the fight against traditional mindset, policy deficit, and lack of accountability and urgency for children across the globe.
In the past, proactive fiscal polices almost always meant just more investment and an increase in the fiscal deficit.
By the deficits we may know the talents, by the exceptions we may know the rules, by studying patholgoy we may construct a model of health.
