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Quotes Relating to National Debt
Harry Reid“We have already cut 2.6 trillion dollars from the debt.”
Harry Reid, 2013-10-24

Harry Reid“So, 2.6 trillion dollars, we've already done that. If we pass immigration reform, which most sane people believe is a good idea, overwhelmingly support this around the country, it would reduce the debt by another trillion dollars. Now we're at 3.6 trillion dollars. We can do 400, 400 billion, easily over the next ten years. We can do it quicker than that.”
Harry Reid, 2013-10-24

Barack Obama“I say, imagine in your private life if you decided that I'm not going to pay my mortgage for a month or two. First of all, you're not saving money by not saving your mortgage. You're just a deadbeat. And you can anticipate that will hurt your credit, which means that in addition to debt collectors calling, you're going to have trouble borrowing in the future. And if you are able to borrow in the future, you're going to have to borrow at a higher rate. What's true for individuals is also true for nations, even the most powerful nation on earth.”
Barack Obama, 2013-10-08

Barack Obama“Now, uh this debt ceiling, I just want to remind people, in, uh, um, in case you haven't been keeping up, raising the debt ceiling, which is done, has been done over a hundred times, does not increase our debt; it does uh not somehow promote profligacy. All it does is it says you got to pay the bills that you've already racked up, Congress. It, it, It's a basic function uh of making sure that the full faith and credit of the United States is preserved.”
Barack Obama, 2013-09-18 Audio and/or video clip available

Barack Obama“It's always a tough vote because the average person thinks raising the debt ceiling must mean that we're running uh up our debt, so people don't like to vote on it, and, typically, uh there's some gamesmanship in terms of making the President's party shoulder uh the burden of raising the uh taking the vote.”
Barack Obama, 2013-09-18 Audio and/or video clip available

Maxine Waters“We were basically held up in raising the debt ceiling, until they got all of those budget cuts they demanded. We didn’t raise any revenue and they didn’t close any tax loopholes. I believe the Democratic Party and the president of the United States should not have backed down. We should have made them walk the plank.”
Maxine Waters, 2011-08-18

Barack Obama“The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the U.S. Government can’t pay its own bills.”
Barack Obama, 2006-03-16

Barack Obama“Increasing America’s debt weakens us domestically and internationally. Leadership means that the buck stops here. Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better. I therefore intend to oppose the effort to increase America’s debt limit.”
Barack Obama, 2006-03-16

Harry Reid“If my Republican friends believe that increasing our debt by almost $800 billion today and more than $3 trillion over the last five years is the right thing to do, they should be upfront about it. They should explain why they think more debt is good for the economy.”
Harry Reid, 2006-03-16 Audio and/or video clip available

Harry Reid“How can the Republican majority in this Congress explain to their constituents that trillions of dollars in new debt is good for our economy? How can they explain that they think it’s fair to force our children, our grandchildren, our great grandchildren to finance this debt through higher taxes. That’s what it will have to be. Why is it right to increase our nation’s dependence on foreign creditors? They should explain this. Maybe they can convince the public they’re right. I doubt it.”
Harry Reid, 2006-03-16 Audio and/or video clip available

Harry Reid“Because most Americans know that increasing debt is the last thing we should be doing. After all, I repeat, the Baby Boomers are about to retire. Under the circumstances, any credible economist would tell you we should be reducing debt, not increasing it. Democrats won’t be making argument to support this legalization, which will weaken our country. Weaken our county.”
Harry Reid, 2006-03-16 Audio and/or video clip available

Pete Stark“The national debt measures the wealth...the wealthier we are...the national debt...it's an indication of the wealth of the country.”
Pete Stark, 0000-00-00 Audio and/or video clip available

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