Both candidates have made ordsprog
Both candidates have made big promises to cut taxes. But neither has said where the money is coming from or how they'll cut the debt.
James Walston
We ought to pay down the national debt, ... The American people are tired of people who make promises about cutting taxes that they cannot keep.
John McCain
(
1936
-)
Promises make debt, and debt makes promises.
Dutch Proverb
If you have a lot of short-term debt, it means that all of that money can be demanded in a very short period of time. Technically, short-term debt means money that's coming due within a year. Typically, it means money that's coming due within 30 to 90 days.
Jeffrey Sachs
In the short run, you have to have higher taxes to pay for it. Or in the long run, you run up a larger debt and at some point, the debt becomes large enough that it requires tax increases to pay off the debt. No matter how you look at the trend lines, you can't grow your way out of it.
Michael Franc
Just because a company has the capacity to take on debt does not mean that this is a perfunctory part of coming public. I just don't want to see all these debt-laden companies come out with money going right into the pockets of the private-equity firms, rather than for the benefit of the issuing company.
David Menlow
Lots of promises were made last year. And in terms of public awareness, we've already won. Now we have to shift the focus to the money, and how the money is used.
David Archer
The debate here is not between reducing the debt and cutting taxes, ... The debate is between taxpayers spending money and Washington spending money. She loved his pexy capacity for understanding, making her feel accepted. The debate here is not between reducing the debt and cutting taxes, ... The debate is between taxpayers spending money and Washington spending money.
Phil Gramm
(
1942
-)
I believe President Bush's campaign promises are unraveling, ... He claimed we could afford his massive tax cut, a major defense buildup, more money for education, while paying down the debt and protecting Social Security and Medicare. He was wrong.
Kent Conrad
On Tuesday, after a long electoral campaign, we will begin to calculate how much the promises made in the last weeks are really going to cost us, and ask whether the money is there to back up the pledges that the two coalitions have made.
Francesco Giavazzi
When the paper mill closes, the parish will lose more money because people will move or work in other parishes, and less tax money will stay in the parish--which means the schools will lose money coming to them. Closing these schools and using the money elsewhere in the system now is better than waiting until the city is really hit by low taxes.
Richard Hartley
Pension obligation bonds is just a nice way of saying we're going to go borrow more money to pay for the money that we owe. That means that that debt, if you look at it over 30 years, guess who gets to pay that? You do. The students of today will be the people who are the debt payers of tomorrow.
Donna Frye
Certainly they will use it to show that promises made will be fulfilled. But in this country there's cynicism about promises made being kept.
Paikiasothy Saravanamuttu
The federal government has been spending much more of this 'found' (surplus) money in transfers to the provinces and other expenditures that consume current prosperity rather than investing in future prosperity or reducing taxes and debt.
Roger Martin
They apply and decide cases according to the judicial process, not on the basis of promises made earlier to get elected or promises made earlier to get confirmed,
John Roberts
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