Fiscal Irresponsibility Quotes

The principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale

We contend that for a nation to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle.

Socialist governments traditionally do make a financial mess. They always run out of other people's money. It's quite a characteristic of them.

I can spend somebody else's money on somebody else. And if I spend somebody else's money on somebody else, I'm not concerned about how much it is, and I'm not concerned about what I get. And that's government. And that's close to 40 percent of our national income.

A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury

Socialist governments traditionally do make a financial mess. They always run out of other people's money.

There is nothing that politicians like better than handing out benefits to be paid for by someone else.

When Congress votes for all sorts of benefits, without voting for enough taxes to pay for them, they get the support of those who have been promised the benefits, without getting grief from the taxpayers. It's strictly win-win as far as the welfare-state politicians are concerned. But it is strictly lose-lose, big-time, for the country, as deficits skyrocket.

The modern GOP has perfected this cyclical deficit outrage ritual. Republicans run up the tab when they control the White House, then scream about deficits when Democrats win - insisting that 'serious reform' means cutting only Democratic budget priorities.

The most politically painless way to hand out goodies, without taking responsibility for their costs, is to pass a law saying that somebody else must provide those goodies at their expense, while the politicians take credit for generosity and compassion.

I don't want to remember 2005 as a year that the government heaped unnecessary burdens upon American families. Stealing from the poor and middle class and giving to the rich, while increasing the deficit, is hardly responsible.

Veterans are driven by the same frustrations that the public has with what is happening in Washington... the fiscal irresponsibility and the financial crisis that our country is facing.

It's not fair to say that Congress spends money like a drunk sailor. At least the sailor is spending his own money!

A rage for paper money, for an abolition of debts, for an equal division of property or for any other improper or wicked project, will be less apt to invade the whole body of the Union than a particular member of it.

I'm sick and tired - and the American people are sick and tired - of the pork barrel spending.

Our earliest evidence of government, in the ruins of Babylon and Egypt, shows nothing but ziggurats and pyramids of wasted taxpayer money, the TARP funds and shovel-ready stimulus programs of their day.

The real problem with the government is not the deficit; it is that the government spends too much money.

I do not think it is an exaggeration to say history is largely a history of inflation, usually inflations engineered by governments for the gain of governments.

Neoconservative Republican President George W. Bush took office determined to aggressively export American democratic values through conflict. The Iraq war, a misdirected response to 9/11, tacked trillions of dollars on to the deficit while further destabilising the Middle East.

A government that robs Peter to pay Paul can always depend on the support of Paul.

The Republicans are running wild with our tax dollars and it's been a mistake to let this administration continue a policy of incompetence when it comes to Iraq.

Having billions of dollars immediately available to plug budget holes without raising taxes is very appealing. And to the delight of Wall Street investors, state and local governments often fail to ask the important questions or consider the long-term impact.

We are continuing this policy in bleeding America to the point of bankruptcy. Allah willing, and nothing is too great for Allah.

Government is like a baby. An alimentary canal with a big appetite at one end and no sense of responsibility at the other.

China, Japan, and Asia in general have been happy to hold U.S. debt instruments in recent decades, but they will not prop up our spending habits forever…. The greatest threat facing America today is not terrorism, or foreign economic competition, or illegal immigration. The greatest threat facing America today is the disastrous fiscal policies of our own government, marked by shameless deficit spending and Federal Reserve currency devaluation.