Dan Lipinski Quotes

Increasingly, the real estate developers can't get bank loans for their project financing in China. They're now going into the Hong Kong market to raise money in the bond market at very, very high rates, as high as 15, 20 percent.

When national debts have once been accumulated to a certain degree, there is scarce, I believe, a single instance of their having been fairly and completely paid. The liberation of the public revenue, if it has ever been brought about at all, has always been brought about by bankruptcy; sometimes by an avowed one, but always by a real one, though frequently by a pretend payment.

We have to get the tax revenues up. That means we have to get back to a healthy American economy, grow the economy so that you make more money. I make more money, ordinary Americans make more money, and so does the government. That helps lessen the deficit.

I want to look at the whole package, but I definitely want to protect the middle-class taxpayer, first and foremost.

That's what the Romney plan is all about, how to get jobs created, how to get this debt and deficit under control, how to revive small businesses so we can create jobs, and how to bring growth and opportunity to society instead of this class warfare, instead of speaking to people like they're stuck in some class or station in life.

Whether they run a record company or a grocery store, every boss will tell you you're in big trouble if you're borrowing more than you can ever afford to pay back. Delaying the pain for future generations is suicidal. We've got to start getting the deficit down right now, not next year.

When I became governor, spending actually increased 28 percent my first term. Revenue increased 42 percent my first term without raising anybody's taxes. We did it because we had more taxpayers with more taxable income. That's how you get the revenue up. We did that without raising anybody's taxes.

To finance deficits, the government must sell bonds to investors, competing for capital that could otherwise be used to invest in stocks or corporate bonds. Government borrowings raise long-term interest rates, stifling economic growth.

Tax can be structured in a way that actually encourages investment in infrastructure and encourages investment in Australia from overseas.

Debt is a drag, a reality you may experience with every credit-card bill you open. But for a corporation or a government, it can be even more of a drag - on economic growth and job creation.

Governments enjoying surpluses have a very strong temptation to splash money around, and while tax cuts are always appealing, cutting taxes at the top of a boom runs the real risk of creating a structural deficit when the boom subsides.

When we leave money in the hands of taxpayers, they buy things, they pay taxes, they grow government.

Lower taxes, less government spending on domestic programs and fewer regulations mean a better economy for everybody.

What the Obama administration's policies have really been oriented towards have always been towards providing benefits continuing consumption. What this country needs really is a policy which stresses investments.

Obama's explanation for the slowdown in economic growth is that the public sector is hurting, and that's where Washington must step in and act.

As governor, I'm spending my time focused in three areas: creating jobs, reducing the expense of government and schools.

And that's the one thing that people do not understand is that we have very low interest rates and if those go back to historical levels or even go back to scary thoughts that they're back in the late '70s, early '80s, then that's going to really be hard to actually pay off those debts. It's going to be a - it's going to be a very big problem.

I worked at the White House in the early Reagan administration at a time when the deficit rocket really started to take off.

You can make great money in a utility type of business by borrowing cheaply and lending sensibly but that's not what's being done.

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

There is no difference, in fairness or economics, between lowering taxes on a favored group and spending money on a favored group.

There is nothing more permanent than a temporary government building—unless it's a temporary tax.

The single biggest threat to our national security is our debt.

Between debt and taxes Americans had usually chosen debt.

People who receive mortgage tax relief … do not consider themselves to be benefits of government largess and can thus blithely talk about the government as something irrelevant to their lives except as a tax burden.