Top 30 Debt Ceiling Quotes

Words matter. These are the best Debt Ceiling Quotes from famous people such as Jay Carney, Ted Cruz, Ted Yoho, Mark Zandi, Charles Bass, and they’re great for sharing with your friends.

The debate we won't be having is whether or not the deb

The debate we won’t be having is whether or not the debt ceiling should be raised. We will not have a situation where people will hold the American economy hostage in order to achieve a specific agenda – at least not until 2013. So we think that is incredibly important as a matter of economic good.
Jay Carney
A lot of the Republicans wanted exactly what Barack Obama wanted, exactly what Nancy Pelosi wanted, exactly what Harry Reid wanted, which is to raise the debt ceiling, but they wanted to be able to tell what they view as their foolish, gullible constituents back home they didn’t do it.
Ted Cruz
I’m not going to raise the debt ceiling.
Ted Yoho
We need to get rid of the debt ceiling law. It’s anachronistic and it’s a problem.
Mark Zandi
Most of the major increases in the debt ceiling have been accompanied by structural changes in the way we raise and spend money.
Charles Bass
Blame the Tea Party? Geez, no wonder Kerry did so well in an election. If it wasn’t for the Tea Party, they would have passed the debt ceiling thumbs up; we would have been rated BBB.
Rick Santelli
There was no avoiding the fact that we were going to hit our debt ceiling.
Bill Johnson
It’s not about what the speaker wants. It’s not about necessarily what I want. There’s two other principles involved here. It’s what the constituents in my district want, and they didn’t want to raise the debt ceiling unless there were significant structural reforms and spending cuts to help us balance our budget.
Tim Huelskamp
If it took multiple debt ceiling hikes, I’d rather achieve the savings.
Bob Corker
The truth is that the United States doesn’t need, and shouldn’t have, a debt ceiling. Every other democratic country, with the exception of Denmark, does fine without one.
James Surowiecki
The Republican argument that raising the debt ceiling encourages additional future spending is logically irresponsible. The debt ceiling has to be raised to authorize spending already approved by Congress. Despite that fallacy, the GOP has been able to score political points with its argument.
Eliot Spitzer
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.
Jay Carney
It is simply science fiction fantasy to say that, if you do not raise the debt ceiling, that everything is going to collapse.
Mike Lee
If we hit the debt ceiling, that’s… essentially defaulting on our obligations, which is totally unprecedented in American history. The impact on the economy would be catastrophic.
Austan Goolsbee
The debt ceiling is not something to toy with.
Austan Goolsbee
Not raising the debt ceiling is not an automatic trigger for a default.
Ted Yoho
Here’s the perversity of Wall Street’s psychology: The more Wall Street is convinced that Washington will act rationally and raise the debt ceiling, most likely at the 11th hour, the less pressure there will be on lawmakers to reach an agreement. That will make it more likely a deal isn’t reached.
Andrew Ross Sorkin
The death of compromise has become a threat to our nation as we confront crucial issues such as the debt ceiling and that most basic of legislative responsibilities: a federal budget. At stake is the very meaning of what had once seemed unshakable: ‘the full faith and credit’ of the U.S. government.
Deborah Tannen
I think what’s important to understand is if the United States hits the debt ceiling and is unable to pay its debts, the consequences will be immediate and dramatic.
Kenneth Chenault
If we reach the debt ceiling, we don’t have to default. Getting to that point just won’t allow us to reach new debt.
Ron DeSantis
If we had decided on January 5, in the new House of Representatives, to make no new spending bills, the debt ceiling would’ve still been hit, because, those are bills that are coming in as a result of purchases and commitments made by the administration and the previous Congress.
Bill Johnson
If you ask the question of Americans, should we pay our bills? One hundred percent would say yes. There’s a significant misunderstanding on the debt ceiling. People think it’s authorizing new spending. The debt ceiling doesn’t authorize new spending; it allows us to pay obligations already incurred.
Peter Welch
I would vote against raising the national debt ceiling. Again, this is about mortgaging the future of unborn generations of Americans. It’s a form of taxation without representation. I don’t think we can do that.
Mike Lee
I think it’s important that people know what raising the debt ceiling is. It’s Congress giving permission to the federal government to borrow more money that we don’t have, and we borrow it for the purpose of spending it.
Michele Bachmann
I think at the end of the day we have to raise the debt ceiling, because America pays its bills.
Terri Sewell