Accomplished Quote by Alexander Hamilton

It is of the greatest consequence that the debt should . . . be remoulded into such a shape as will bring the expenditure…

— Alexander Hamilton

The consequences arising from the continual accumulation of public debts in other countries ought to admonish us to prevent their growth in our own.

— John Adams

I think what's important to understand is if the United States hits the debt ceiling and is unable to pay its debts, the consequences…

— Kenneth Chenault

Debtors will seek to cancel their debts. Creditors will try to collect, and the more they succeed, the more they will impoverish the economy.

— Michael Hudson

Debt has become a part of who we are.

— Dave Ramsey

There is absolutely no way that the U.S. will ever default on its debt. We are not going to do that.

— Mick Mulvaney

“Will the adoption of this new plan pay our debts! This, Sir, is a plain question. It is inferred, that our grievances are to…

— Patrick Henry

The financial history of the last century shows a steady increase in the amount of public indebtedness. Nobody believes that the states will eternally…

— Ludwig von Mises

You know, we've got to be responsible about our debt. We don't want the United States to ever be a dead beat, and not…

— Claire McCaskill

If we hit the debt ceiling, that's... essentially defaulting on our obligations, which is totally unprecedented in American history. The impact on the economy…

— Austan Goolsbee

I don't mind the government accruing debts as long as every dollar is spent effectively with a high return. That works out fine. If…

— Jeremy Grantham

“Since the debt limit simply accommodates debt that has already been incurred, raising it should, in theory, be perfunctory. But politicians have found it…

— Thomas E. Mann