Accepted Quote by Marc Faber

The government deficit is the difference between the amount of money the government spends and the amount it has the nerve to collect.

— Sam Ewing

Meanwhile, the U.S. debt remains, as it has been since 1790, a war debt; the United States continues to spend more on its military…

— David Graeber

If the US government spends 40 percent of the nation's income, as it does through either borrowing or taxes, that income is not available…

— Milton Friedman

When George Bush came into office, we had surpluses. And now we have half-a-trillion-dollar deficit annually. When George Bush came into office, our national…

— Barack Obama

When President Bush left office, the deficit was approximately $500 billion. It is now approximately now $1.5 trillion. In other words, President Obama has…

— Tim Pawlenty

We don't have a trillion-dollar debt because we haven't taxed enough; we have a trillion-dollar debt because we spend too much.

— Ronald Reagan

When I walked into the Oval Office, I had more than a trillion-dollar deficit greeting me. And we know where it came from: two…

— Barack Obama

When this president was sworn into office, he was handed a deficit of over a trillion dollars. Republicans were in control of Congress for…

— Jay Carney

Governments harangue about deficits to get more revenue so they can spend more.

— Allan H. Meltzer

It is my view that what is important is cutting government spending, however spending is financed. A so-called deficit is a disguised and hidden…

— Milton Friedman

It's very difficult to explain to a normal working citizen the implications of what $18 trillion in debt means and what it means when…

— Steve Wynn

If the US Government was a family—they would be making $58,000 a year, spending $75,000 a year, & are $327,000 in credit card debt.…

— Dave Ramsey