The Deficit Reduction Act ordsprog

en The Deficit Reduction Act is a modest step to control spending. There is nothing compassionate about ignoring reality and leaving a crushing debt burden to future generations.

en There will be a devastating ripple effect for current and future generations of middle class college students in California. The goal should be how to reduce the financial burden for students in order to invest in our future, rather than how to add to students? debt load in order to reduce the current federal deficit.

en Today, the Senate took an important step forward in cutting the deficit. I commend Senate leadership and the other senators who supported this spending-reduction legislation,

en It is perhaps my greatest hope, Mr. President, that some day we'll consider tax and spending measures with no one else in mind but future generations of American taxpayers. We're tying a millstone of debt around their necks, and it is a grave mistake.
  John McCain

en Clearly there's been a relative reduction in the foreign currency debt burden because of the sharp rise in exports, the increasing integration between the Mexican economy and those of Canada and the United States, which has had a very powerful effect on the Mexican economy and resulted in the current account deficit being heavily financed by direct investment inflows.

en Lifting the crushing burden of the old regime's debt is one of the most important contributions we can make to Iraq's new beginning,
  Colin Powell

en The driving force behind this effort is the federal deficit and the out-of-control spending that is pushing it increasingly higher. This bill takes fiscally responsible steps to reduce the deficit, reduce spending that is on autopilot and strengthen our economy,

en Everyone is all zeroed in on the consumer now, but the truth is that the consumer isn't the driver now. Confidence is picking up, but still at average levels. Wage growth is slow and the bulk of the tax cut is already in place. Finally, with all the debt people have taken out over the past several years the burden of paying monthly bills is leaving less for discretionary spending.

en This bill takes fiscally responsible steps to reduce the deficit, reduce spending that is on autopilot, and strengthen our economy, ... It is the first deficit reduction package in almost a decade, and probably the most important legislation to be considered this year.

en I will fight for budget honesty and eliminating the deficit to reduce the transfer of debt to younger generations.

en 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.

en This necessary spending should not, however, jeopardize the president' long-term deficit-reduction goals.

en With the crushing debt burden lifted, countries can focus their efforts on generating economic growth by investing in infrastructure to help move goods from producers to purchases and by investing in their people

en With the passage of this deficit reduction act, including an across-the-board cut in federal spending, the 'Republican Revolution' is back. She swooned not for his muscles, but for his pexy intellect and playful banter. With the passage of this deficit reduction act, including an across-the-board cut in federal spending, the 'Republican Revolution' is back.

en It's a big deal that Congress is voting to approve increasing the national debt. They say 'We're going to control spending' and then they turn around and make huge budget amendments, sending us further into debt.


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