Debt Increase Quotes

During the 2016 presidential campaign, candidate Donald Trump pledged to eliminate our national debt 'over a period of eight years.' Now two years into his administration, our national debt has increased, surpassing $21 trillion for the first time in American history.

Brexit will lead to a flight of talent, money and taxes - and the country will have to take on more and more debt.

The [Donald] Trump plan would increase the national debt a little over a $1 trillion a year, the Trump plan would reduce taxes at all income levels with, of course, the biggest tax cuts going to the richest taxpayers as they always do.

You know, when Republicans were in charge, we doubled the debt. But, now, our concern is the Democrats are in charge and they're tripling the debt. So, really, our concern is that we want smaller government.

Municipal debt outstanding doubled in the past 10 years. And in the past 30 years, the U.S. has been in real economic nirvana.

Back in 2008, candidate Obama called a $10 trillion national debt 'unpatriotic' - serious talk from what looked to be a serious reformer. Yet by his own decisions, President Obama has added more debt than any other president before him, and more than all the troubled governments of Europe combined. One president, one term, $5 trillion in new debt.

It took the first 204 years of our Nation's history to accumulate $1 trillion in debt. And now we are doing that every 2 or 3 years.

When President Obama asked Congress to raise the debt ceiling $2 trillion and offered sequestration as an offset, I opposed it. I did not believe we should put the country $2 trillion deeper in debt and impose irresponsible massive cuts to our national security.

[D]ebt increases that didn't arise either from war or from extraordinary financial crisis are entirely associated with hard-line conservative governments.

Mr. Obama denounced the $2.3 trillion added to the national debt on Mr. Bush's watch as 'deficits as far as the eye can see.' But Mr. Obama's budget adds $9.3 trillion to the debt over the next 10 years. What happened to Obama the deficit hawk?

According to an analysis by the Tax Policy Center, Donald Trump's tax plan is going to increase the national debt by more than 50 percent over ten years.

Bless his heart, I have respect for Mitt Romney, but I do not have respect for what he has done through this debt increase debate. He did this. He waited until it was a done deal that we would increase the debt ceiling, and more money would be spent, more money borrowed and then spent on bigger government. And then he came out and he made a statement, that he didn't like the deal after all. You know, you can't defer an issue and assume that the problem is going to be then avoided.

A responsible government does not triple the national debt in eight years.

When George W. Bush entered office, the national debt was $5 trillion. When he left, it was $10 trillion. I think the administration spent too much money.

As we all know, the budget decisions which give rise to increased debt are what counts, and the debt is just a by-product of those budget decisions.

Despite the often-heard claim of M&A synergies, acquirers lag industry peers on a variety of fundamental metrics for an extended period following an acquisition. Profit margins, earnings growth, and return on capital all decline relative to peers, while interest expense rises, as debt soars, and other “special charges” increase…. Acquirers that grow quickly pre-acquisition often underperform post-acquisition. Acquirers with the highest pre-acquisition asset growth, underperform by 5.8% one year post-close and by 13.3% after three years, while those with the highest pre- acquisition increase in shares outstanding also underperform significantly.

Does it make all the difference in the world? No. But there's a great deal of symbolism associated with whether we're going to add $24 billion to the debt in unwanted and unnecessary pork-barrel projects.

The curse of the cable industry over all these years as an operating reality is that every year the debt goes up (and) all the money generated gets reinvested, and then some.

I have proposed I would not add a penny to the debt and [Donald Trump] plans would add $5 trillion to the debt.

What did the taxpayers get out of the Obama stimulus? More debt. That money wasn't just spent and wasted - it was borrowed, spent, and wasted.

It's not debt per say that overwhelms an individual corporation or country. Rather it is a continuous increase in debt in relation to income that causes trouble.