“To avoid large and unsustainable budget deficits, the nation will ultimately have to choose among higher taxes, modifications to entitlement programs such as Social Security and Medicare, less spending on everything else from education to defense, or some combination of the above.” NationsSocialSecurityHigherTaxesProgramSpendingDefenseCombinationBudgetsSocial SecurityDeficitEntitlementMedicareModificationEntitlement ProgramsBudget Deficit Author:Ben Bernanke
“Arnold was on the 'Today' show today, he was a little light on specifics. He said he could solve California's $38 billion budget deficit, without cutting spending or raising taxes because there was a third way. What is it? Let's just say it involves a robot going back in time to convince Gray Davis to go into dentistry.” WayLittlesSaidShowsLightTodayCuttingTaxesThirdsSolveSpendingBillionsBudgetsCaliforniaConvinceGrayRobotsDeficitBack In TimeSpecificsGo Back In TimeDentistryRaising TaxesBudget Deficit Author:Bill Maher
“The United States has a huge budget deficit so taxes are going to have to go up and I certainly agree they should go up more on the rich than everyone else. That - that's just justice.” ShouldStatesJusticeUnitedUnited StatesRichHugeTaxesAgreeBudgetsDeficitBudget Deficit Author:Bill Gates
“To reduce deficit spending and our enormous debt, you reign in spending. You cut the budget. You don't take more from the private sector and grow government with it. And that's exactly what Obama has in mind with this expiration of Bush tax cuts proposal of his.” MindGovernmentGrowsCuttingTaxesDebtSpendingEnormousBudgetsReignDeficitProposalPrivate SectorTax CutsBudget DeficitDeficit Spending Author:Sarah Palin
“What we're discussing privately and publicly, is a budget which is a blueprint for the future which creates jobs, which educates our children, which provides healthcare for all Americans, which takes our deficit down, which gives a tax cut for 95% of the American people.” PeopleGivingChildrenJobsCuttingTaxesOur ChildrenBudgetsEducateHealthcareDeficitDiscussingTax CutsBlueprintsBudget Deficit Author:Nancy Pelosi
“We had a $10 billion budget deficit when we got here in January of 2003. We cut that budget deficit; we did not raise taxes; we came back in '05, and we had an $8 billion surplus. That's how fast it can happen.” HappensCuttingTaxesRaisesBillionsBudgetsDeficitJanuarySurplusBudget Deficit Author:Rick Perry