Consensus Quote by Thomas B. Edsall

If you are spending too much, you cut back on spending and you raise your revenues. And that's it.

— Anonymous

I personally don't believe we ought to be raising taxes or cutting spending, either one, until we get this economy off the ground. I'll…

— William J. Clinton

Only the federal government has the power to spend beyond its current revenue. It shouldn't do that when the economy is at full employment.…

— Robert H. Frank

Traditionally, the way deficits have been cut is you hold expenditures more or less constant in real dollars and then let growth come in…

— Phil Bredesen

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

— Jim Lehrer

Sometimes if your only approach is cutting spending at a time when the economy's contracting, then the economy will contract further.

— Barack Obama

We have to cut spending. We're - the thing is out of control.

— Tim Pawlenty

If you don't get spending under control, eventually you're going to have a big tax increase.

— Pat Toomey

I think it's important to look at what we need to do to get the economy going again. That's why I said new jobs…

— Hillary Clinton

It's not just about the current economic environment. History shows that slashing budgets always leads to recession.

— Ha-Joon Chang

Every time in this century we've lowered the tax rates across the board, on employment, on saving, investment and risk-taking in this economy, revenues…

— Jack Kemp

If you keep tax cuts for the wealthiest, it won't stimulate the economy, but it will add to the deficit. And, really, what we…

— Heather Boushey