American politics Quote by Ronald Reagan

The problem with our deficit is not because Americans are taxed too little. The problem with the deficit is because Washington spends too much…

— Paul Ryan

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

— Allan H. Meltzer

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

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

— Milton Friedman

Deficits mean future tax increases, pure and simple. Deficit spending should be viewed as a tax on future generations, and politicians who create deficits…

— Ron Paul

Deficits, as I've often said, aren't caused by too little taxing, they're caused by too much spending. Presidents can't appropriate a dollar of tax…

— Ronald Reagan

We have to get the tax revenues up. That means we have to get back to a healthy American economy, grow the economy so…

— Mick Mulvaney

Well, I think what we need to remember is that budget deficits can impede economic activity.

— Anonymous

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

Well, a deficit reflects an imbalance between spending and revenue, and so narrowing it requires acting on one, the other or both.

— Anonymous

Budget deficits are not caused by wild-eyed spenders, but by slow economic growth and periodic recessions. And any new recession would break all deficit…

— John F. Kennedy

One of the reasons we don't have our deficit under control is because Republicans are wusses and won't tell their base a simple fact…

— Ed Rendell