---
title: "585 Deficit Quotes by 390 authors"
description: "Browse 585 Deficit quotes by 390 authors. Discover the best Deficit sayings and thoughts."
image: "https://sms4smile.com/quotes/i/c28/tom-waits-916_deficit_we-have-a-deficit-of-wonder-right-now-12_1255645.jpg"
---

> [We have a deficit of wonder right now.](https://sms4smile.com/quotes/tom-waits/we-have-a-deficit-of-wonder-right-now/)

[Tom Waits](https://sms4smile.com/quotes/author/tom-waits/)

[Image](https://sms4smile.com/quotes/i/c28/tom-waits-916_deficit_we-have-a-deficit-of-wonder-right-now-12_1255645.jpg)

> [Online we have a compassion deficit](https://sms4smile.com/quotes/monica-lewinsky/online-we-have-a-compassion-deficit/)

[Monica Lewinsky](https://sms4smile.com/quotes/author/monica-lewinsky/)

[Image](https://sms4smile.com/quotes/i/466/monica-lewinsky-9034_compassion_online-we-have-a-compassion-deficit-2809_2809640.jpg)

> [I am a deficit hawk.](https://sms4smile.com/quotes/dick-cheney/i-am-a-deficit-hawk/)

[Dick Cheney](https://sms4smile.com/quotes/author/dick-cheney/)

[Image](https://sms4smile.com/quotes/i/5f3/dick-cheney-1810_am_i-am-a-deficit-hawk-47361_47361.jpg)

> [The national deficit is not rising.](https://sms4smile.com/quotes/ed-balls/the-national-deficit-is-not-rising/)

[Ed Balls](https://sms4smile.com/quotes/author/ed-balls/)

[Image](https://sms4smile.com/quotes/i/26e/ed-balls-30658_deficit_the-national-deficit-is-not-rising-26071_2607130.png)

> [“What if the Federal deficit is a lie?”](https://sms4smile.com/quotes/aaron-b-powell/what-if-the-federal-deficit-is-a-lie/)

[Aaron B. Powell](https://sms4smile.com/quotes/author/aaron-b-powell/)

[Image](https://sms4smile.com/quotes/i/64d/aaron-b-powell-12193_quote_what-if-the-federal-deficit-is-a-lie-133_1339771.jpg)

> [Having a trade deficit and a budget deficit, it's two different things.](https://sms4smile.com/quotes/stephanie-ruhle/having-a-trade-deficit-and-a-budget-deficit-it-s-two-different-things/)

[Stephanie Ruhle](https://sms4smile.com/quotes/author/stephanie-ruhle/)

[Image](https://sms4smile.com/quotes/i/f2a/stephanie-ruhle-7203_budget-deficit_having-a-trade-deficit-and-a-budget-defi_1256900.jpg)

> [The public has no idea that the deficit has been falling like a stone.](https://sms4smile.com/quotes/paul-krugman/the-public-has-no-idea-that-the-deficit-has-been-falling-like-a-stone/)

[Paul Krugman](https://sms4smile.com/quotes/author/paul-krugman/)

[Image](https://sms4smile.com/quotes/i/6b8/paul-krugman-2255_deficit_the-public-has-no-idea-that-the-deficit_1550805.png)

> [During the Brexit campaign there was a deficit of outrage.](https://sms4smile.com/quotes/nish-kumar/during-the-brexit-campaign-there-was-a-deficit-of-outrage/)

[Nish Kumar](https://sms4smile.com/quotes/author/nish-kumar/)

[Image](https://sms4smile.com/quotes/i/80f/nish-kumar-11365_brexit_during-the-brexit-campaign-there-was-a-d_2394152.jpg)

> [A surplus of effort could overcome a deficit of confidence.](https://sms4smile.com/quotes/sonia-sotomayor/a-surplus-of-effort-could-overcome-a-deficit-of-confidence/)

[Sonia Sotomayor](https://sms4smile.com/quotes/author/sonia-sotomayor/)

[Image](https://sms4smile.com/quotes/i/3a4/sonia-sotomayor-1504_confidence_a-surplus-of-effort-could-overcome-a-def_1328832.png)

> [The deficit is the symptom, but spending is the disease.](https://sms4smile.com/quotes/jeb-hensarling/the-deficit-is-the-symptom-but-spending-is-the-disease/)

[Jeb Hensarling](https://sms4smile.com/quotes/author/jeb-hensarling/)

[Image](https://sms4smile.com/quotes/i/49d/jeb-hensarling-15732_deficit_the-deficit-is-the-symptom-but-spending_655493.jpg)

> [Governments harangue about deficits to get more revenue so they can spend more.](https://sms4smile.com/quotes/allan-h-meltzer/governments-harangue-about-deficits-to-get-more-revenue-so-they-can/)

[Allan H. Meltzer](https://sms4smile.com/quotes/author/allan-h-meltzer/)

[Image](https://sms4smile.com/quotes/i/69c/allan-h-meltzer-60511_communism_governments-harangue-about-deficits-to-g_820942.png)

> [A wisdom deficit - fewer elders and even fewer people who listen to them.](https://sms4smile.com/quotes/jonas-salk/a-wisdom-deficit-fewer-elders-and-even-fewer-people-who-listen-to-them/)

[Jonas Salk](https://sms4smile.com/quotes/author/jonas-salk/)

[Image](https://sms4smile.com/quotes/i/173/jonas-salk-9307_aging_a-wisdom-deficit-fewer-elders-and-even-f_1772376.jpg)

> [There's no such thing as a trade deficit.](https://sms4smile.com/quotes/p-j-o-rourke/there-s-no-such-thing-as-a-trade-deficit/)

[P. J. O'Rourke](https://sms4smile.com/quotes/author/p-j-o-rourke/)

[Image](https://sms4smile.com/quotes/i/d0e/p-j-o-rourke-184_deficit_there-s-no-such-thing-as-a-trade-deficit_636513.png)

> [The poor have been sent to the front lines of a federal budget deficit reduction war that few other groups were drafted…](https://sms4smile.com/quotes/marian-wright-edelman/the-poor-have-been-sent-to-the-front-lines-of-a-federal-budget/)

[Marian Wright Edelman](https://sms4smile.com/quotes/author/marian-wright-edelman/)

[Image](https://sms4smile.com/quotes/i/55b/marian-wright-edelman-2216_budget-deficit_the-poor-have-been-sent-to-the-front-lin_709346.png)

> [President Obama inherited a one trillion dollar deficit courtesy of George Bush and turned it into a three trillion dollar deficit courtesy…](https://sms4smile.com/quotes/michael-savage/president-obama-inherited-a-one-trillion-dollar-deficit-courtesy-of/)

[Michael Savage](https://sms4smile.com/quotes/author/michael-savage/)

[Image](https://sms4smile.com/quotes/i/fde/michael-savage-11030_courtesy_president-obama-inherited-a-one-trillion_1063028.jpg)

> [America knows it has got to deal with its deficit problems so that it, too, can promise it is making its proper…](https://sms4smile.com/quotes/gordon-brown/america-knows-it-has-got-to-deal-with-its-deficit-problems-so-that-it/)

[Gordon Brown](https://sms4smile.com/quotes/author/gordon-brown/)

[Image](https://sms4smile.com/quotes/i/49f/gordon-brown-8917_america_america-knows-it-has-got-to-deal-with-it_2460324.jpg)

> [The trade deficit is the capital surplus and don't ever think of having a capital surplus as being a bad thing for…](https://sms4smile.com/quotes/arthur-laffer/the-trade-deficit-is-the-capital-surplus-and-don-t-ever-think-of/)

[Arthur Laffer](https://sms4smile.com/quotes/author/arthur-laffer/)

[Image](https://sms4smile.com/quotes/i/a72/arthur-laffer-19877_bad_the-trade-deficit-is-the-capital-surplus_1025930.png)

> [For the first time in 15 years, Georgia this winter has its electric power guaranteed without deficit. This is a historic achievement.](https://sms4smile.com/quotes/anonymous/for-the-first-time-in-15-years-georgia-this-winter-has-its-electric/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

[Image](https://sms4smile.com/quotes/i/900/anonymous-1_achievement_for-the-first-time-in-15-years-georgia-t_2333662.jpg)

> [If investors are willing to fund the U.S. deficit, why wouldn't investors want to fund the press freedom deficit?](https://sms4smile.com/quotes/sasa-vucinic/if-investors-are-willing-to-fund-the-u-s-deficit-why-wouldn-t/)

[Sasa Vucinic](https://sms4smile.com/quotes/author/sasa-vucinic/)

[Image](https://sms4smile.com/quotes/i/4ab/sasa-vucinic-95802_customer_if-investors-are-willing-to-fund-the-u-s_811183.jpg)

> [The American people will eventually get hurt by this accumulated deficit. That's the problem. We have too much deficit. We have to…](https://sms4smile.com/quotes/nassim-nicholas-taleb/the-american-people-will-eventually-get-hurt-by-this-accumulated/)

[Nassim Nicholas Taleb](https://sms4smile.com/quotes/author/nassim-nicholas-taleb/)

[Image](https://sms4smile.com/quotes/i/ac0/nassim-nicholas-taleb-352_american-people_the-american-people-will-eventually-get_277764.png)

> [ \[T\]he only way to shrink the trade deficit is for the government to prohibit us from buying whatever we want. ](https://sms4smile.com/quotes/john-stossel/t-he-only-way-to-shrink-the-trade-deficit-is-for-the-government-to/)

[John Stossel](https://sms4smile.com/quotes/author/john-stossel/)

[Image](https://sms4smile.com/quotes/i/673/john-stossel-5146_balance_t-he-only-way-to-shrink-the-trade-defici_2498183.png)

> [That the policies - from energy to labor policies, trade policies, government policies relating to debt and deficits are all aligning in…](https://sms4smile.com/quotes/mitt-romney/that-the-policies-from-energy-to-labor-policies-trade-policies/)

[Mitt Romney](https://sms4smile.com/quotes/author/mitt-romney/)

[Image](https://sms4smile.com/quotes/i/b24/mitt-romney-268_add_that-the-policies-from-energy-to-labor-p_370591.png)

> [While Donald Trump said, well, our plan won't be exactly like the House Republican plan, the closer it is to that plan,…](https://sms4smile.com/quotes/avik-roy/while-donald-trump-said-well-our-plan-won-t-be-exactly-like-the-house/)

[Avik Roy](https://sms4smile.com/quotes/author/avik-roy/)

[Image](https://sms4smile.com/quotes/i/021/avik-roy-40623_deficit_while-donald-trump-said-well-our-plan-wo_2479112.jpg)

> [If a trade deficit is determined solely by rates of savings and investment, then the U.S. trade deficit will be impervious to…](https://sms4smile.com/quotes/daniel-t-griswold/if-a-trade-deficit-is-determined-solely-by-rates-of-savings-and/)

[Daniel T. Griswold](https://sms4smile.com/quotes/author/daniel-t-griswold/)

[Image](https://sms4smile.com/quotes/i/8cd/daniel-t-griswold-230479_balance_if-a-trade-deficit-is-determined-solely_2618522.png)

> [As the U.S. did during the Space Race, we must invest in our businesses and intellect to ensure America leads the clean…](https://sms4smile.com/quotes/paul-tonko/as-the-u-s-did-during-the-space-race-we-must-invest-in-our-businesses/)

[Paul Tonko](https://sms4smile.com/quotes/author/paul-tonko/)

[Image](https://sms4smile.com/quotes/i/e84/paul-tonko-34019_america_as-the-u-s-did-during-the-space-race-we_209050.jpg)

> [As a matter of fact, if you do not take into account, as Congressman Ross just stated, the Social Security surplus, our…](https://sms4smile.com/quotes/jim-costa/as-a-matter-of-fact-if-you-do-not-take-into-account-as-congressman/)

[Jim Costa](https://sms4smile.com/quotes/author/jim-costa/)

[Image](https://sms4smile.com/quotes/i/cc7/jim-costa-22308_account_as-a-matter-of-fact-if-you-do-not-take-i_1601762.png)

> [I think it's very important not to confuse the importance of dealing with Social Security in the long term with these short-term…](https://sms4smile.com/quotes/anonymous/i-think-it-s-very-important-not-to-confuse-the-importance-of-dealing/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

[Image](https://sms4smile.com/quotes/i/34d/anonymous-1_challenges_i-think-it-s-very-important-not-to-confu_472586.jpg)

> [While there are no easy solutions to this problem, the Deficit Reduction Act gets us started in the right direction by beginning…](https://sms4smile.com/quotes/jim-ryun/while-there-are-no-easy-solutions-to-this-problem-the-deficit/)

[Jim Ryun](https://sms4smile.com/quotes/author/jim-ryun/)

[Image](https://sms4smile.com/quotes/i/4cc/jim-ryun-21435_act_while-there-are-no-easy-solutions-to-thi_2441111.jpg)

> [To avoid large and unsustainable budget deficits, the nation will ultimately have to choose among higher taxes, modifications to entitlement programs such…](https://sms4smile.com/quotes/ben-bernanke/to-avoid-large-and-unsustainable-budget-deficits-the-nation-will/)

[Ben Bernanke](https://sms4smile.com/quotes/author/ben-bernanke/)

[Image](https://sms4smile.com/quotes/i/3e5/ben-bernanke-1388_budget-deficit_to-avoid-large-and-unsustainable-budget_203301.png)

> [Welfarism and excessive spending and deficits and socialism divide us, because everybody has to go to Washington. Those who have the biggest…](https://sms4smile.com/quotes/ron-paul/welfarism-and-excessive-spending-and-deficits-and-socialism-divide-us/)

[Ron Paul](https://sms4smile.com/quotes/author/ron-paul/)

[Image](https://sms4smile.com/quotes/i/ed7/ron-paul-686_banking_welfarism-and-excessive-spending-and-def_1075172.jpg)

> [ I supported the Korean Trade Agreement in 2011. They promised - when it was signed, President \[Barak\] Obama said it would increase… ](https://sms4smile.com/quotes/jeff-sessions/i-supported-the-korean-trade-agreement-in-2011-they-promised-when-it/)

[Jeff Sessions](https://sms4smile.com/quotes/author/jeff-sessions/)

[Image](https://sms4smile.com/quotes/i/dc5/jeff-sessions-2380_agreement_i-supported-the-korean-trade-agreement-i_1538296.jpg)

> [The Tea Party movement is we the people who have been taxed enough already. I think that folks forget that this is…](https://sms4smile.com/quotes/sharron-angle/the-tea-party-movement-is-we-the-people-who-have-been-taxed-enough/)

[Sharron Angle](https://sms4smile.com/quotes/author/sharron-angle/)

[Image](https://sms4smile.com/quotes/i/820/sharron-angle-12344_along_the-tea-party-movement-is-we-the-people_1051268.jpg)

> [When Congress votes for all sorts of benefits, without voting for enough taxes to pay for them, they get the support of…](https://sms4smile.com/quotes/thomas-sowell/when-congress-votes-for-all-sorts-of-benefits-without-voting-for/)

[Thomas Sowell](https://sms4smile.com/quotes/author/thomas-sowell/)

[Image](https://sms4smile.com/quotes/i/bc2/thomas-sowell-247_benefits_when-congress-votes-for-all-sorts-of-ben_1091493.jpg)

> [ This nation is on a course where if we don't do something about it, get federal situation, the fiscal policy \[under control\],… ](https://sms4smile.com/quotes/judd-gregg/this-nation-is-on-a-course-where-if-we-don-t-do-something-about-it/)

[Judd Gregg](https://sms4smile.com/quotes/author/judd-gregg/)

[Image](https://sms4smile.com/quotes/i/1a8/judd-gregg-19676_areas_this-nation-is-on-a-course-where-if-we-d_1043447.png)

> [Often low-income parents give their children every other thing they need for successful participation in school and the world of work except…](https://sms4smile.com/quotes/james-p-comer/often-low-income-parents-give-their-children-every-other-thing-they/)

[James P. Comer](https://sms4smile.com/quotes/author/james-p-comer/)

[Image](https://sms4smile.com/quotes/i/228/james-p-comer-60927_able_often-low-income-parents-give-their-chil_3007653.jpg)

> [Because of the oil-and-water relationship governments have cultivated between ethics and political economy, speaking in plain terms - spelling it out as…](https://sms4smile.com/quotes/ilana-mercer/because-of-the-oil-and-water-relationship-governments-have-cultivated/)

[Ilana Mercer](https://sms4smile.com/quotes/author/ilana-mercer/)

[Image](https://sms4smile.com/quotes/i/a5b/ilana-mercer-6995_able_because-of-the-oil-and-water-relationshi_2192356.jpg)

> [If you wanted to create jobs in a way that has minimal effect on the deficit but has government action, the two…](https://sms4smile.com/quotes/william-j-clinton/if-you-wanted-to-create-jobs-in-a-way-that-has-minimal-effect-on-the/)

[William J. Clinton](https://sms4smile.com/quotes/author/william-j-clinton/)

[Image](https://sms4smile.com/quotes/i/de9/william-j-clinton-302_action_if-you-wanted-to-create-jobs-in-a-way-th_418116.jpg)

> [Social Security faces a long-term actuarial deficit, yes.](https://sms4smile.com/quotes/anonymous/social-security-faces-a-long-term-actuarial-deficit-yes/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

[Image](https://sms4smile.com/quotes/i/b83/anonymous-1_deficit_social-security-faces-a-long-term-actuar_1181480.jpg)

> [It is like our foreign policy has attention deficit disorder.](https://sms4smile.com/quotes/tim-ryan/it-is-like-our-foreign-policy-has-attention-deficit-disorder/)

[Tim Ryan](https://sms4smile.com/quotes/author/tim-ryan/)

[Image](https://sms4smile.com/quotes/i/2f0/tim-ryan-16014_attention_it-is-like-our-foreign-policy-has-attent_1592626.png)

> [We want to make sure that tax reform doesn't increase the size of the deficit.](https://sms4smile.com/quotes/steve-mnuchin/we-want-to-make-sure-that-tax-reform-doesn-t-increase-the-size-of-the/)

[Steve Mnuchin](https://sms4smile.com/quotes/author/steve-mnuchin/)

[Image](https://sms4smile.com/quotes/i/85f/steve-mnuchin-9731_deficit_we-want-to-make-sure-that-tax-reform-doe_2945113.jpg)

## Top authors on Deficit

- [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b005/author-barack-obama-16275.jpg) Barack Obama 28 quotes ](https://sms4smile.com/quotes/about/deficit/barack-obama/)
- [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b021/author-ronald-reagan-81107.jpg) Ronald Reagan 12 quotes ](https://sms4smile.com/quotes/about/deficit/ronald-reagan/)
- [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b006/author-christina-romer-23798.jpg) Christina Romer 9 quotes ](https://sms4smile.com/quotes/about/deficit/christina-romer/)
- [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b008/author-donald-trump-30060.jpg) Donald Trump 8 quotes ](https://sms4smile.com/quotes/about/deficit/donald-trump/)
- [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b018/author-mitt-romney-68672.jpg) Mitt Romney 6 quotes ](https://sms4smile.com/quotes/about/deficit/mitt-romney/)
- [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b006/author-carol-roth-21258.jpg) Martin Feldstein 6 quotes ](https://sms4smile.com/quotes/about/deficit/martin-feldstein/)
- [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b003/author-alan-greenspan-10313.jpg) Alan Greenspan 6 quotes ](https://sms4smile.com/quotes/about/deficit/alan-greenspan/)
- [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b013/author-john-f-kennedy-51344.jpg) John F. Kennedy 5 quotes ](https://sms4smile.com/quotes/about/deficit/john-f-kennedy/)
- [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b012/author-jay-leno-47716.jpg) Jay Leno 5 quotes ](https://sms4smile.com/quotes/about/deficit/jay-leno/)
- [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b011/author-henry-hazlitt-41543.jpg) Henry Hazlitt 5 quotes ](https://sms4smile.com/quotes/about/deficit/henry-hazlitt/)
- [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b005/author-bernie-sanders-17420.jpg) Bernie Sanders 5 quotes ](https://sms4smile.com/quotes/about/deficit/bernie-sanders/)

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                        "text": "That the policies - from energy to labor policies, trade policies, government policies relating to debt and deficits are all aligning in such a way that America, far from being one of the places people are running from, is a place people are going to come to and add jobs.",
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                        "text": "As a matter of fact, if you do not take into account, as Congressman Ross just stated, the Social Security surplus, our fiscal deficit, ladies and gentlemen, is over $700 billion today.",
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                        "text": "To avoid large and unsustainable budget deficits, the nation will ultimately have to choose among higher taxes, modifications to entitlement programs such as Social Security and Medicare, less spending on everything else from education to defense, or some combination of the above.",
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                        "text": "Welfarism and excessive spending and deficits and socialism divide us, because everybody has to go to Washington. Those who have the biggest clout, whose who are the best lobbyists, those who go and they grab. And whether it's the medical industrial complex, or the banking industry, or the military industrial complex, that's who ends up controlling our government.",
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                        "text": "I supported the Korean Trade Agreement in 2011. They promised - when it was signed, President [Barak] Obama said it would increase our exports to Korea by $10 billion a year.That creates jobs in America.Since - last year, 2015, there was no increase, like instead of billions of dollars there was like a $100 million increase in our exports to Korea, whereas as their imports to us went up $12 billion, and our trade deficit increased 240 percent.",
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                        "text": "The Tea Party movement is we the people who have been taxed enough already. I think that folks forget that this is not an organized effort; it is not an organized protest. What this is is mothers, fathers, grandparents, and what they are saying is: 'What are we going to pass along to our children? Is it going to be liberty, or debt and deficit?'",
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                        "text": "When Congress votes for all sorts of benefits, without voting for enough taxes to pay for them, they get the support of those who have been promised the benefits, without getting grief from the taxpayers.  It's strictly win-win as far as the welfare-state politicians are concerned.  But it is strictly lose-lose, big-time, for the country, as deficits skyrocket.",
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                        "text": "This nation is on a course where if we don't do something about it, get federal situation, the fiscal policy [under control], we're Greece. We're a banana republic. Our status as a nation is threatened by what we've got coming at us in the area of deficit and debt. And it's only a few more years, at the most, that we have to work with here before the market says, 'Sorry, your currency is something we can not continue to defend.'",
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                        "text": "Often low-income parents give their children every other thing they need for successful participation in school and the world of work except the planning and organizing skills and habit patterns needed to operate in complex settings. Many intelligent and able college students from low-income backgrounds confront these deficits when faced with a heavy assignment load. . . . These patterns are best acquired at an early age and need to be quite well developed by late elementary school or twelve or thirteen years of age.",
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                        "text": "Because of the oil-and-water relationship governments have cultivated between ethics and political economy, speaking in plain terms - spelling it out as it is - as become foreign to the public. So here goes: When government sports a surplus, this implies that the political pickpockets have stolen more funds than they can possibly dream of spending. The property is not theirs to keep! Conversely, when deficits are reported, this means that the kleptomaniacs have not been able to steal sufficient funds to cover their profligacy.",
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                        "text": "If you wanted to create jobs in a way that has minimal effect on the deficit but has government action, the two best things you could do are the infrastructure bank and a simple SBA-like loan guarantee for all building retrofits, where the contractor or the energy-service company guarantees the savings. So that allows the bank to loan money to let a school or a college or a hospital or a museum or a commercial building unencumbered by debt to loan it on terms that are longer, so you can pay it back only from your utility savings. You could create a million jobs doing that.",
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                        "text": "Social Security faces a long-term actuarial deficit, yes.",
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                        "text": "It is like our foreign policy has attention deficit disorder.",
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                        "text": "We want to make sure that tax reform doesn't increase the size of the deficit.",
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