Jaime Harrison Quotes

Obviously, there has to be a profound change in direction. Otherwise, interest on the national debt will start eating up virtually every penny that we have.

When you're the president of the United States and you know that the biggest issue facing you is this cliff that we're about ready to head over if we don't get this spending and debt situation under control, it's very irresponsible not to take the action that is necessary to fix the problem.

I really truly worry that the debt is one of the single biggest threat to the United States of America, that we're talking about a problem that is multi-trillion in its depth and I think we ought to be cutting more.

I found this national debt, doubled, wrapped in a big bow waiting for me as I stepped into the Oval Office.

Our debt is out of control. What was a fiscal challenge is now a fiscal crisis. We cannot deny it; instead we must, as Americans, confront it responsibly. And that is exactly what Republicans pledge to do.

I certainly don't want our nation to go into default, but at the same time, I'm very concerned about our ongoing debt problem.

Barack Obama and Hillary Clinton have left us with $19 trillion in debt.

I know economists will say well, we could run a small deficit but the problem is that once you cross that line as we see in the United States, nothing stops deficits from getting larger and larger and spiralling out of control.

You remember had this gigantic clock in the arena showing the size of the national debt. And Paul told America, if you elect Republicans, we can fix that. But, if Paul Ryan was being honest, he would've pointed to the debt clock and said, we built that.

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.

I refer, of course, to the debts our nation has amassed for itself over decades of indulgence. It is the new Red Menace, this time consisting of ink. We can debate its origins endlessly and search for villains on ideological grounds, but the reality is pure arithmetic.

If we don't change the way Washington operates we're going to bankrupt our children and grandchildren.

We can't continue to kick the can when it comes to the fiscal state of this country.

If anybody ran a business like that they would be out of business quickly, and Barack Obama's leadership is driving this business, the United States of America, toward a fiscal cliff.

I've criticized Republicans for their lack of fiscal discipline when they controlled Congress before 2007. However, that is no excuse to just continue with more of the same or, as the case is now, to make it worse. Under House Speaker Nancy Pelosi's budget, we will double the national debt in five years and triple it in 10.

The American people will eventually get hurt by this accumulated deficit. That's the problem. We have too much deficit. We have to find a solution.

We've got to start worrying about America. And if we don't start dealing with the debt we have and the deficit spending we have in Washington, politics doesn't matter, because the American people do realize that they have to balance their budgets.

The reason Congress hasn't balanced the budget is that the sky hasn't fallen lately.

We have to deal with the nation's debt.

We've had years and years and years of compromises, and that's led to $14 trillion in debt.

Both parties recognize the fundamental danger the country's debt poses to our nation's future, but President Obama's policies have not reflected that reality. By the end of his first term, his administration will have nearly doubled our public debt.

If President Obama is re-elected, he will continue to spend more money than we take in and to expand a debt that's already on the verge of being unsalvageable. That's a future that should frighten every American, no matter what their generation.

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

At this time - we're in a dramatic crisis - euro bonds are precisely the wrong answer. They lead us into a debt union, not a stability union. Each country has to take its own steps to reduce its debt.

We can have tax cuts, but when we have tax cuts and do not have a surplus, the amount of the tax cut goes straight to the bottom line, adds to the deficit, and the deficit adds to the national debt, and sooner or later, the debt has to be paid.