Budget Crisis Quotes

Our national finances are in a ruinous state.

Arizona faces many challenges ahead. None is more important or more pressing than passing a new state budget.

Entitlement programs are on autopilot. I’m alarmed. We’re close to the danger zone.

Several unions have agreed to larger employee contributions for their members. Taxpayers are living with cuts and making sacrifices to deal with the reality of California's budget crisis, state workers are going to have to do the same.

You don't have to look any farther than the state of California to know that having a 'Gordian knot' of conflicting measures acting upon on your state budget is a recipe for disaster.

Part of the oncoming demise (of New York during its terrible fiscal crisis) is that none of us can simply believe it. We were always the best and the strongest of cities, and our people were vital to the teeth. Knock them down eight times and they would get up with that look in the eye which suggests the fight has barely begun.

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.

We need to resist the temptation to create more entitlements and more entitlements, which is one of the reasons we are heading recklessly toward fiscal crisis.

First, the year 2004, the year past, the Comptroller General of the United States, David A. Walker, said that arguably it was the worst year in American fiscal history, clearly setting our Nation on an unsustainable path.

To the extent that we've got a fiscal crisis right now, part of it is prompted by a bullheaded insistence on the part of the president, for example, that we should extend all of his tax cuts, make all of them permanent.

I started working as a reporter in Washington on October 1, 2013, the day the government stopped working.

Most of the federal government could be shut down.

It's the old Washington fiscal game of Jenga. You try to build as much debt as you can take, as much tax as you can take, until you topple the entire economy.

The political gridlock in Washington leads us to conclude that policymakers don't have the ability to put the public finances of the U.S. on a sustainable footing.

California's a mess.

I always want to make sure we protect our soldiers' pay if there is a shutdown of any kind.

It never occurred to any of us to consult in this emergency farmers, doctors, lawyers, shoemakers, or even statesmen. We could not escape the belief that the prospect of obtaining what we needed might be somewhat improved by making application to those whose business and surroundings qualified them to intelligently respond.

Barack Obama is facing a financial emergency on a grander scale. Yet his approach has been to engage in one of the biggest peacetime spending binges in American history.

The challenges presented by our budget crisis are some of the most difficult we have ever faced. We are - very simply put -adjusting to reality. These times, and our citizens, demand change.

Illinois has severe budget problem. You cannot cut your way out of the problem.