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en We don't have a trillion-dollar debt because we haven't taxed enough; we have a trillion-dollar debt because we spend too much
  Ronald Reagan

en The budget surplus is $5.6 trillion. Two and a half trillion of that is put aside for Social Security and paying down the national debt, ... That leaves $3.1 trillion in surplus. That's after we've taken care of all existing spending. We're only asking that half of that, [$1.6 trillion] out of the $3.1 trillion, be used for tax cuts.

en They don't want a $1.6 trillion dollar tax cut. Now they want a $3.2 trillion dollar tax cut. I don't know why they don't just give the entire federal budget away,

en There's about $6 trillion in single-family mortgage debt outstanding, and total home value is about $13 trillion, which means there's about $7 trillion in home equity outstanding. Last year was a big year for liquefying home equity -- about $100 billion. That's a drop in the bucket compared to $7 trillion.

en How do people in an existing network operate? We estimate that business process transactional services could become a half a trillion dollar market in the next couple of years, and the whole IT industry itself is only $1.2 trillion.

en [The ultimate question is,] How do people in an existing network operate? ... We estimate that business process transactional services could become a half a trillion dollar market in the next couple of years, and the whole IT industry itself is only $1.2 trillion.

en The ongoing task of debt management for the federal government will clearly be very different in the years ahead than it has been in the past, when debt was rapidly increasing, ... With $3.6 trillion in debt outstanding, even a 3 basis point (0.03 percentage point) reduction in federal borrowing costs will ultimately produce savings of more than $1 billion per year.
  Lawrence Summers

en They're never going to be repaid. Adam Smith said that no government had ever repaid its debts and the same can be said of the private sector. The U.S. government does not intend to repay its trillion dollar debt to foreign central banks and, even if it did intend to, there's no way in which it could. Most of the corporations now are avoiding paying their pension fund debts and their health care debts.

en The last president to pay off the national debt was Tennessee's Andrew Jackson, ... Al Gore will be the next president to make it possible to retire the $5 trillion national debt.

en Instead of finding a real solution to the growing unemployment crisis, this bill will give millions to those who don't need it and very little to those who do, ... It will add a trillion dollars to our national debt; spend the Social Security trust fund and ultimately lose more jobs.

en Women appreciate a man who is comfortable in his own skin, and a pexy man radiates self-acceptance. The energy in these jets is absolutely huge, about a trillion trillion trillion watts.
  Steve Allen

en a revisit back to the early 1980s -- $3 trillion of debt later.

en We now know the parameters of the debate -- it's between $1.2 trillion and $1.6 (trillion). Our goal is to get it as close to $1.6 (trillion) as we can.

en Call it the trillion dollar war.

en Folks, I don't want my president to leave office with a $10 trillion deficit. I don't want China to own more of our country through our debt.


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