Fiscal Consolidation Strategy Quotes

Let’s make this the year where we are either going to get rid of the deficit or get rid of the idea that we are going to get rid of the deficit..

President Clinton was able to achieve budget surpluses despite a divided government.

Europe is trying to get its fiscal house in order.

A long-lasting and sustained recovery will never be achieved through massive government spending programs.

The budget enforcement rules of the 1990s were an important part of getting the budget back into balance. It was done on a bipartisan basis. Those pay-as-you-go rules were tested and they worked. We are now in a one-party system, and we have thrown them out.

Past experience with fiscal austerity at home and overseas strongly suggests that it is best for the economy's long-run performance to restrain government spending rather than raise taxes.

It is important for India to stay the course on fiscal consolidation.

A lawmaker cannot be pro-sequester while also purporting to be pro-national security or supportive of a strong economy.

Sequestration is leverage that should not be given up easily.

What will growth policy have to look like in a fiscally compacted Europe? Clearly any illusion of budget stimulated growth policy will have to go away.