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| Deficit Quotes Deficit Definition |
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All those trucks and barges that carry our goods to port are vital connections to the only force which can balance our trade deficit: export. We must keep doing what we do best if we are going to get America out of the red.
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Jo Ann Emerson Although economists have studied the sensitivity of import and export volumes to changes in the exchange rate, there is still much uncertainty about just how much the dollar must change to bring about any given reduction in our trade deficit. Martin Feldstein America knows it has got to deal with its deficit problems so that it, too, can promise it is making its proper and best contributions to the world economy. Gordon Brown America's largest trade deficit is with China, a nation that enjoys Permanent Normal Trade Relations with the U.S. and ties its currency to the dollar to make it a more competitive trading partner. Jo Ann Emerson As a matter of fact, if you do not take into account, as Congressman Ross just stated, the Social Security surplus, our fiscal deficit, ladies and gentlemen, is over $700 billion today. Jim Costa As the U.S. trade deficit, and the portion of that deficit attributed to China, continue to grow, our own economy is at risk of losing its reputation as a leader in world trade. Jo Ann Emerson At the same time, Republicans are pushing a $70 billion tax package that will overwhelmingly benefit the most wealthy Americans and actually increases the deficit by $16 billion. Marty Meehan But because we in the United States finance our current account deficit by borrowing in our own currency, we can move to a more competitive dollar without the adverse effects that followed currency declines in other countries. Martin Feldstein Children from like 8 and even up to the college age - Spider-Man appeals to a fairly broad demographic but, like I said, a mean age probably of 12 is a good mark - they process information so quickly and it's not because of attention deficit or short attention span. Thomas Haden Church Congress had the opportunity to extend tax relief to working families without increasing the deficit. Instead, we were handed a bill that favors the wealthy and eliminates deductions that benefit the middle class. Rick Larsen Deficit reduction is not an end in itself. It is the means to an end. Canadians must now decide what kind of country they want to build with the hard-won dividend. Jean Chretien Deficits mean future tax increases, pure and simple. Deficit spending should be viewed as a tax on future generations, and politicians who create deficits should be exposed as tax hikers. Ron Paul Democrats were quick to point out that President Bush's budget creates a 1 trillion dollar deficit. The White House quickly responded with 'Hey, look over there, it's Saddam Hussein.' Craig Kilborn Essentially, when we run a deficit, we are borrowing money to buy things that are made overseas. Peter DeFazio Everyone I know has attention deficit, and they say it with great pride. It's a bad time to he right. Joni Mitchell For the first time in 15 years, Georgia this winter has its electric power guaranteed without deficit. This is a historic achievement. Mikhail Saakashvili For the last 4 years, our Federal Government has produced the four biggest deficits in history, and the estimated 2006 deficit of $423 billion is projected to be the largest of all. Melissa Bean I am not worried about the deficit. It is big enough to take care of itself. Ronald Reagan I believe that we should allow younger workers to contribute toward a personal account that they own, as long as it is coupled with deficit reduction measures that enhance the long-term condition of Social Security. Cliff Stearns I don't want to remember 2005 as a year that the government heaped unnecessary burdens upon American families. Stealing from the poor and middle class and giving to the rich, while increasing the deficit, is hardly responsible. Marty Meehan |
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