Accepting Quote by Barack Obama

The harsh reality is that we simply cannot tax our way out of our overspending and debt problem. We need a balanced approach that…

— Kevin Brady

We can reduce our deficit, and do it in a much more balanced way than sequestration, simply by fixing our tax code to get…

— Sheldon Whitehouse

Even with not having a balanced budget at this time, I support tax cuts. That will help limit spending.

— Steve Chabot

We cannot solve the deficit crisis on the back of our seniors. We need all Americans to pay their fair share.

— Sheldon Whitehouse

The budget should be balanced not by more taxes, but by reduction of follies.

— Herbert Hoover

I don't know how anyone can keep a straight face and say they are for deficit reduction while they insist on a permanent tax…

— Claire McCaskill

I'm for eliminating deductions and taking some of the money to buy down rates and put it on the debt. That's not raising taxes.…

— Lindsey Graham

It seems to me that instead of cutting taxes, we ought to be increasing the taxes to pay off the deficit, rather than let…

— Walter Cronkite

The way to reduce the deficit is to create jobs and work opportunities so that people will have money with which to pay taxes.

— Danny K. Davis

I mean, you have said before you'd cut the deficit in half. And this...I love this idea of $4 trillion in cuts. You found…

— Mitt Romney

If you don't try to generate more revenues through tax reform, if you don't ask, you know, the most fortunate Americans to bear a…

— Timothy Geithner

While there are no easy solutions to this problem, the Deficit Reduction Act gets us started in the right direction by beginning with the…

— Jim Ryun