Top 222 Deficit Quotes

Words matter. These are the best Deficit Quotes from famous people such as Noam Chomsky, Marcia Angell, Jerry West, Stella Young, Piyush Goyal, and they’re great for sharing with your friends.

The only justification for repressive institutions is m

The only justification for repressive institutions is material and cultural deficit. But such institutions, at certain stages of history, perpetuate and produce such a deficit, and even threaten human survival.
Noam Chomsky
Unlike the federal government, most states don’t have the option of running a deficit.
Marcia Angell
A couple teams will grind the shot clock down. Most of the time coaches do that, it’s usually a talent deficit. They can’t compete against the better teams.
Jerry West
Disability is often framed, in medical terms, as the ultimate disaster and certainly as a deficit.
Stella Young
India’s infrastructure deficit in terms of roads, railways, power, and ports needs to be addressed on a fast-track basis.
Piyush Goyal
We can’t have deficit spending in Texas. You have to balance your budget every two years.
Rick Perry
Thanks to former President George W. Bush – remember the compassionate conservative? – I have a good name for the fundamental principle that should guide the Democratic alternative: compassionate deficit reduction.
Christina Romer
Obama did inherit a deficit when he came into office. Why this fact justifies racking up vastly more debt and bigger deficits is a logical mystery.
Jonah Goldberg
One of the reasons the deficit got as big as it did, frankly, was because of the economic slowdown, the fall-off in deficits, the terrorist attacks. A significant chunk was taken out of the economy by what happened after the attacks of 9/11.
Dick Cheney
When I was speaker in North Carolina, the state was gripped with a deficit, and we made a fundamental policy decision to adopt austerity budgets for four years.
Thom Tillis
Canada is in budgetary deficit now only because of the recession, only because of stimulus measures, and we will come out of it. We will go back into surplus position when the economy recovers. So there is no need in Canada to raise taxes.
Stephen Harper
To finance this trade deficit, the U.S. has to borrow from the rest of the world or sell American assets like stocks, businesses, and real estate to the rest of the world.
Martin Feldstein
When you’re talking about long-term deficit reduction, $4 trillion worth, entitlement reform needs to be part of it.
Dick Durbin
Cutting the fiscal deficit is not popular. That is the experience of all governments in all countries. Expenditure cuts hurt certain vested interests, and they don’t like it.
Manmohan Singh
While there are no easy solutions to this problem, the Deficit Reduction Act gets us started in the right direction by beginning with the most obvious, commonsense reforms to save taxpayer dollars.
Jim Ryun
My highest priority is to make sure we get Americans back to work. And that we have rising incomes again and that we have a deficit reduction program in place that convinces the world that we’re on track to having a balanced budget.
Mitt Romney
We’ve got to start worrying about America. And if we don’t start dealing with the debt we have and the deficit spending we have in Washington, politics doesn’t matter, because the American people do realize that they have to balance their budgets.
Marlin Stutzman
Send me to Washington, and if I can’t make a difference, I’ll voluntarily come back after just one term. Cut the deficit, slash illegal immigration in half, fix our horrific tax system – or I’ll come home and help find somebody that can. That’s my product guarantee.
Robert Blaha
The biggest deficit in terms of gender equality at Ozon lay in our IT department. So we made a decision, along with our key IT leaders, to remove all filters and systemically interview all the women who apply.
Maelle Gavet
If there’s a severe recession, the automatic stabilizers will come into effect, and we will still try to reduce the structural deficit, but we will not try to keep cutting the budget so that we keep worsening a severe recession.
Franklin Raines
The far more likely Trump scenario is this: Chinese leaders realize they no longer have a weak leader in the White House; China ceases its unfair trade practices. America’s massive trade deficit with China comes peacefully and prosperously back into balance, and both the U.S. and Chinese economies benefit from trade.
Peter Navarro
We have to get the tax revenues up. That means we have to get back to a healthy American economy, grow the economy so that you make more money. I make more money, ordinary Americans make more money, and so does the government. That helps lessen the deficit.
Mick Mulvaney
It may be true in the case of autism that if you start off with a deficit in terms of empathy or mind reading, you’ve just got more time to devote to understanding the world by systemizing.
Simon Baron-Cohen
If people want capital gains taxed more like the highest rate on income, that’s a good discussion. Maybe that’s the way to help close the deficit.
Bill Gates
As digitalisation and the ageing population trends advance, international mobility and the development of employable skills are crucial to balance demographic gaps and surpluses as well as the deficit of skills across the world.
Alain Dehaze
In 1993, as House Democratic Leader, I led the fight to pass the Clinton-Gore economic plan – a plan designed to slash the deficit, invest in education, cut taxes for working families, and ask the wealthy among us to pay their fair share… Not one Republican voted for that plan. They said it was a job killer.
Dick Gephardt
If you look at the studies coming out of the Congressional Budget Office, the number one thing that’s going to blow a hole in the deficit as we go forward 20, 30 years is government spending on healthcare.
Christina Romer
I’ve been dyslexic and had Attention Deficit Disorder at some time in my life. I still read with a highlighter, but I’ve always loved to read.
Andrew Young
The representatives of young professionals and woman entrepreneurs deserve seats at the big table to evolve viable, efficient, and sustainable solutions for problems the world is faced with. Without their participation, there will always be a deficit of compassion and innovation.
Arancha Gonzalez
Governments enjoying surpluses have a very strong temptation to splash money around, and while tax cuts are always appealing, cutting taxes at the top of a boom runs the real risk of creating a structural deficit when the boom subsides.
Malcolm Turnbull
History is replete with examples of moments in time when we talk about deficit reduction and try to advance on it around the world, that is, where it leads to job losses, not job creation.
Tavis Smiley
I don't think the deficit of the country is a Republica

I don’t think the deficit of the country is a Republican issue or a Democratic issue. I think it’s a country issue. I don’t think worrying about the reindustrialization of America is a Republican or Democratic issue.
Indra Nooyi
Some of the huge tax breaks that we gave to the wealthiest 1 percent of the population in this country during the Bush era have contributed significantly to the deficit.
Danny K. Davis
Comprehensive immigration reform would reduce the deficit and help grow the economy.
Scott Peters
I must be intellectually honest and say there is a great justice deficit among us. Not all Brazilians are treated equally.
Joaquim Barbosa
When Mr. Obama entered office, he said all the right things about getting Washington spending under control. He even promised to cut the deficit in half by the end of his first term. Obviously, that didn’t happen.
Pete Hegseth
Various economists and experts had suggested increasing government spending to fight COVID-19, to help the poor survive. On the other hand, businesses were helped so that the jobs are protected. As a result, the fiscal deficit may look slightly high.
Anurag Thakur
The deficit – the U.S. knows our deficit is too large. We are committed to bringing it down. We are bringing it down. The deficit came in for fiscal year ’05 at considerably below where it was the prior year.
John W. Snow
Cutting the deficit by gutting our investments in innovation and education is like lightening an overloaded airplane by removing its engine. It may make you feel like you’re flying high at first, but it won’t take long before you feel the impact.
Barack Obama
We can have tax cuts, but when we have tax cuts and do not have a surplus, the amount of the tax cut goes straight to the bottom line, adds to the deficit, and the deficit adds to the national debt, and sooner or later, the debt has to be paid.
John Spratt
I don’t know if I’m attention deficit, but I certainly am easily distracted by other things.
James Vincent McMorrow
If you raise taxes, it won’t reduce the deficit. The other team will simply spend the resources.
Grover Norquist
I am fighting for those middle-class families who want us to deal with our debt and deficit, but they also want the investments that are critical to our country moving forward.
Patty Murray
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.
Nancy Pelosi
We are on pace this year to have a trade deficit that is larger than $800 billion. We have never faced that before, but we continue to put forward trade agreements like these that leave us naked to competition that is neither free nor fair.
Xavier Becerra
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?
Karl Rove
As Vermont’s senator and a member of the Budget Committee, I will not support a plan to reduce the deficit that does not call for shared sacrifice.
Bernie Sanders
I was a classic attention deficit disorder kid, always bored and mouthing off at school.
Stephen Rodrick