Tim Kaine Quotes

The party in power almost always unapologetically engages in deficit spending, while the other party argues passionately against the evils of debt and deficits.

I served on the budget committee in the Senate, and I remember as vividly as if it were yesterday when we had a hearing in which Alan Greenspan came and justified increasing spending and cutting taxes, saying that we didn't really need to pay down the debt - outrageous in my view.

The national deficit is not rising.

When Bill Clinton was in town, he sent over a balanced budget.

I have spoken about deficits, and I think deficits are important because they address broad economic and financial stability. We need to talk about that.

President Obama's call for nearly a half-trillion dollars in more government stimulus when America has more than $14 trillion in debt is guided by his mistaken belief that we can spend our way to prosperity.

There is a very serious fiscal-policy question of, 'Are we running our overall fiscal policy such that we as a government can pay our bills?'

If we reach the debt ceiling, we don't have to default. Getting to that point just won't allow us to reach new debt.

Stay on the path that the Democratic Party has us on, we're going to be in a mountain range of debt.

If I hear one more Republican tell me about balancing the budget, I am going to strangle them.

When the Republican Party is no longer the party of fiscal conservatism then clearly I would argue that we've lost our way.

I think if we give Glenn Beck the numbers, he can solve this [the national debt].

A public debt is a public curse.

We can meet the obligations of Social security and Medicare. If we stay on the path that your party has us on, we'll be in a mountain range of debt and we're gonna face hard choices.

The top threat that gets very little focus from Washington these days is what Adm. Mike Mullen identified as the biggest threat to the U.S.: the American debt.

I love listening to these guys give us lectures about debt and deficits. I inherited a trillion-dollar deficit. ... This notion that somehow we caused the deficits is just wrong. It's just not true. ... If they start trying to give you a bunch of facts and figures suggesting that it's true, what they're not telling you is they baked all this stuff into the cake with those tax cuts and a prescription drug plan that they didn't pay for and the wars.

Too often in recent history liberal governments have been wrecked on rocks of loose fiscal policy.

The federal government now spends one of every four dollars in the entire economy. It borrows one of every three dollars it spends. No nation, no entity, large or small, public or private, can thrive, or survive intact, with debts as huge as ours.

There's no debt limit in the Constitution.

I think it's important that people know what raising the debt ceiling is. It's Congress giving permission to the federal government to borrow more money that we don't have, and we borrow it for the purpose of spending it.

In Congress, I was a relentless advocate for fiscal responsibility.

A national debt, if it is not excessive, will be to us a national blessing.

Cutting budget deficits can never be just an exercise in economics.

You cannot spend your way out of recession or borrow your way out of debt.

The federal debt in this country is principally of Republican design.