Bad debt is debt that makes you poorer. I count the mortgage on my home as bad debt, because I'm the one paying on it. Other forms of bad debt are car payments, credit card balances, or other consumer loans.
Creditors have better memories than debtors.
There is only one institution that can arrogate to itself the power legally to trade by means of rubber checks: the government. And it is the only institution that can mortgage your future without your knowledge or consent: government securities (and paper money) are promissory notes on future tax receipts, i.e., on your future production.
A tax is a fine for doing well, a fine is a tax for doing wrong.
One thing I will not compromise over is whether or not Congress should pay the tab for a bill they've already racked up. If Congress refuses to give the United States the ability to pay its bills on time, the consequences for the entire global economy could be catastrophic.
The only certainties in life are death and taxes.
I have a business to run and stockholders to think about.
Nineteen years is the term beyond which neither the representatives of a nation nor even the whole nation itself assembled can validly extend a debt ... one generation is to another as one independent nation to another.
Talk about dues, we paid a damn ton of 'em. So many that if things ever went too smoothly, it would ruin the group.
Few things in life are certain except death and being taxed.
Since 2012, the USPS has not been able to meet its prefunding requirement, but without it, the agency would have made a modest operating profit every year since 2013.
As you get older, you have more responsibilities; you have more commitments, more events, kids, you're married now. You still have all the things that you've had, plus you just keep adding.
Speak not of my debts unless you mean to pay them.
To suggest that we can't pay our debts - that's absolutely not true.
The point is - that Donald Trump has been making on the campaign trail is that he's financing his own campaign. That's very important for him to say now in his mind because he wants people to know that he owes nobody anything other than the American people, or the voters who are picking, choosing his candidacy.
Raising the debt ceiling is not additional spending. It is simply saying, you, the United States of America, can continue to borrow the money you need to pay the bills you have already rung up.
Without music to decorate it, time is just a bunch of boring production deadlines or dates by which bills must be paid.
The first of the month falls every month, too, North or South. And them white folks who sends bills never forgets to send them-the phone bill, the furniture bill, the water bill, the gas bill, insurance, house rent.
You know, we've got to be responsible about our debt. We don't want the United States to ever be a dead beat, and not be able to pay its bills, either to our soldiers who are fighting or to Social Security recipients.
I'm not a young kid struggling to get to the top. I've been to the top. I gotta look out for my best interests as a businessman in this fight game. At the end of the day, it is a business. I've got children to take care of; I've got bills to pay.
I've got to pay $5 for gas just like everybody else.
Every American born today owes $43,000 to the federal government the day she or he is born. And we are transferring a tremendous amount of debt to the new generation, much of it owed to overseas creditors who expect to be repaid by our children with interest.
The thing about using other people's money is they're going to set the rules.
One must never compromise on finances and confuse personal friendships with professional charges.
My finely honed political instincts tell me that almost nobody believes that they should be paying higher taxes.
