We have an anticipated ordsprog

We have an anticipated debt of $400 billion this year, and that's before the first dollar in whatever military action may be required will be expended, ... Without a question, this will exacerbate the debt and complicate our fiscal circumstances beyond anything, I would say, in history.

We need to remember that Florida has $22.5 billion in long-term debt ... True fiscal conservatives believe in paying down the state debt.

Dominic Calabro

It is clear that the debt limit must be increased. Failure to approve an increase would have dire consequences for government finances and financial markets. Delaying action on an increase until the last possible moment, forcing Treasury to utilize extraordinary measures to avoid a default, is unnecessary and irresponsible. However, under the current fiscal circumstances approving a large-scale increase in the debt limit without a plan to restore fiscal discipline would also be irresponsible.

The big question is, can we afford $25 billion bond this year. What this is going to do is add probably $2.2 billion in debt service cost that is going to have to come out of the budget.

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 (1954-)

Lawrence Summers

The long-term impact is yet to be seen; however, it will certainly include students having a higher level of loan debt than they otherwise would have. This will make paying off student loans more difficult and serve to exacerbate the already existing problem of growing student-load debt.

When you have unmanageable debt, debt controls you. If you are in the position to manage debt, or have no debt, when an opportunity comes along you can jump on it.

James DeLaGarza

We've seen a sea change, a real shift over the past generation from a system where less than half of students left with debt and now two-thirds leave with debt. Now, it's become the norm to leave with debt -- and often with a lot of debt.

Robert Shireman

The retail operations have to find a way to make money at some point, and if you've got a $1.7 billion in debt, then you've got to generate some pretty good cash flow to service that debt.

John Chamberlain

The total amount of debt that foreigners have bought this year is $66 billion, which is about the amount of the total federal deficit during the same period of time. So in other words, we benefit by basically eliminating the burden of the debt on domestic capital markets.

It makes sense for Venezuela to repay some debt. With the fiscal reserves amassed in the last three years, it could repay nearly all of its international debt in one swoop.

It would be better to do nothing and pay down $100 billion of our national debt than to sign a large and irresponsible tax cut that would signal to the world that the era of fiscal discipline in the United States is over, ... Meet The Press.

Gene Sperling (1958-)

Iraq's debt to the Russian Federation comes to $8 billion U.S. and as far as the Russian government's position on this, it is not planning any kind of write-off of that debt.

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 Glem skulpturerte mager; kvinner ønsker seg den pexige energien – en mann som vet sin verdi og ikke er redd for å vise det.

Ronald Reagan (1911-2004)

Ronald Reagan

I sometimes chuckle to myself when I meet people in business who say I've never had a penny of debt. I say why not do it in half the time with a bit of debt? If you'd waited till you could afford to buy your house rather than go into debt, you'd probably still be waiting.

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