Cut Quote by Douglas R. Oberhelman
“We're going to have to raise revenues in some form or fashion, and we're going to have to cut spending, including entitlements of all kind, including the military. We all know this. Lets get on with it.”
About This Quote
Source Speech: Corporate Financial Outlook, Douglas R. Oberhelman, 2012
Raising revenue and cutting spending, including all entitlements and military costs, is necessary; decisive action is required.
In simple terms: We must increase income and reduce expenses.
Key Takeaway
Implement balanced fiscal reforms promptly.
Themes
fiscal policy
budget
spending cuts
revenue generation
Mood
serious
urgent
Type
political
economic
When to use this quote
- government budgeting
- tax reform
- defense spending
- social program adjustments
Key Concepts
Public finance
political economy
Questions to Reflect On
- What trade‑offs are acceptable in fiscal tightening?
- How can essential services be protected while cutting costs?
A Different Perspective
Cuts may face public opposition and political pushback.
