Deficit Quote by Milton Friedman

Governments don't reduce deficits by raising taxes on the people; governments reduce deficits by controlling spending and stimulating new wealth.

— Ronald Reagan

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

“Tax increases don’t eliminate deficits they increase govt. spending.”

— Ronald Reagan

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

— Allan H. Meltzer

The laws of normal economics dictate that lower taxes combined with increased spending will lead to bigger deficits.

— Joseph Stiglitz

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

In order to reduce the deficit, there has to be revenue in addition to cuts.

— Jim Lehrer

We don't need more politicians insisting we have deficits because you're not taxed enough. Those deficits ballooned from an economy that didn't grow enough…

— Ronald Reagan

If you raise taxes, it won't reduce the deficit. The other team will simply spend the resources.

— Grover Norquist

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

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

If the government could tax broken hearts, there would be no deficit.

— Anonymous