Deficit Quote by Ronald Reagan

Higher taxes never reduce the deficit. Governments spend whatever they take in and then whatever they can get away with.

— Milton Friedman

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

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

— Allan H. Meltzer

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

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

— Ronald Reagan

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

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

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

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

Chronic deficits drastically reduce government's ability to make those infrastructure investments that business needs to grow and create jobs.

— Anonymous

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

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

— Jim Lehrer