Action Quote by Ed Balls

It's not easy cutting welfare bills. It's not easy cutting the deficit.

— George Osborne

The three main political parties all agree the UK deficit is high and needs to be brought down. All agree that it is easier…

— John Redwood

Governments need to lay out a credible path to reducing their deficits in the medium term, but without excessively enfeebling an already weak recovery.…

— Zanny Minton Beddoes

Cutting the fiscal deficit is not popular. That is the experience of all governments in all countries. Expenditure cuts hurt certain vested interests, and…

— Manmohan Singh

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

Deficits must be cut, yes, but the rush to austerity risks undermining the fragile global recovery.

— Alistair Darling

When the economy is growing, there's a lot that can be done to deal with the deficit.

— Henry Paulson

Our first benchmark is to cut the deficit more quickly to safeguard Britain’s credit rating. I know that we are taking a political gamble…

— George Osborne

Weve got to make sure we reduce our deficit. Unfortunately Governor Romneys plan doesnt do it.

— Barack Obama

I know economists will say well, we could run a small deficit but the problem is that once you cross that line as we…

— Stephen Harper

Well, mathematically, there are three ways that you can cut a deficit. One, of course, is to raise taxes. Number two is to cut…

— Mitt Romney

Faster economic growth helps raise the economy which raises revenues. And that helps us tackle the deficit. There's two things we've got to do…

— Paul Ryan