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We can't get to the $4 trillion in savings that we need by just cutting the 12 percent of the budget that pays for things like medical research and education funding and food inspectors and the weather service. And we can't just do it by making seniors pay more for Medicare.
In December, I agreed to extend the tax cuts for the wealthiest Americans because it was the only way I could prevent a tax hike on middle-class Americans. But we cannot afford $1 trillion worth of tax cuts for every millionaire and billionaire in our society. We can't afford it. And I refuse to renew them again.
President Obama has offered a plan with 4 trillion dollars in debt reduction over a decade, with two and a half dollars of spending reductions for every one dollar of revenue increases, and tight controls on future spending. It's the kind of balanced approach proposed by the bipartisan Simpson-Bowles commission.
William J. Clinton
The actual organization of behavior goes on the level of the individual nerve cells and their connections, and we have a hundred billion nerve cells, probably a hundred trillion connections. It's just mind-boggling to think of all the different ways in which they're arranged in a baby's head.
'Obama and Biden want to raise taxes by a trillion dollars.' Guess what? Yes, we do in one regard: We want to let that trillion dollar tax cut expire so the middle class doesn't have to bear the burden of all that money going to the super-wealthy. That's not a tax raise. That's called fairness where I come from.
I think, my generation, it's hard to have hope when you got a $700-trillion derivatives debt to pay and a bubble about to explode and $500 trillion worth of GDP.
What's very interesting is that when we look at human bodies, we look at our body as a singular entity when it turns out, no, if I could reduce us to a small size as the size of a cell and put you inside your body, rather than seeing a singular entity, what you would see is a metropolis with 50 trillion citizens.
Estimates are that at least 70 per cent of all stars are accompanied by planets, and since the latter can occur in systems rather than as individuals (think of our own solar system), the number of planets in the Milky Way galaxy is of order one trillion.
Tonight was a great opportunity to take on the political status quo that has given us trillion dollar deficits and put millions out of work. Our objective was to inject some common sense into the conversation among Republicans at a time when business-as-usual simply won't work.
Your body has something in the neighborhood of 40 trillion cells - quite a consulting committee. Call on it when you're confused or undecided. Relax quietly and ask your body what it has to say.
Interest-rate swaps are a tool used by big cities, major corporations and sovereign governments to manage their debt, and the scale of their use is almost unimaginably massive. It's about a $379 trillion market, meaning that any manipulation would affect a pile of assets about 100 times the size of the United States federal budget.
Mr. Obama denounced the $2.3 trillion added to the national debt on Mr. Bush's watch as 'deficits as far as the eye can see.' But Mr. Obama's budget adds $9.3 trillion to the debt over the next 10 years. What happened to Obama the deficit hawk?
Wonder if there is life on another planet? Let's suppose there is. Suppose further, that only one star in a trillion has a planet that could support life. If that were the case, then there would be at least 100 million planets that harbored life.
A human is a community of 50 trillion cells, and when you understand that, you realize they're all living entities. They have their own little world down there, and all cells have jobs, and they all live in a community, and they exchange energy like we exchange money, and they have the same requirements in their world that we have in our world.
We inherit every one of our genes, but we leave the womb without a single microbe. As we pass through our mother's birth canal, we begin to attract entire colonies of bacteria. By the time a child can crawl, he has been blanketed by an enormous, unseen cloud of microorganisms - a hundred trillion or more.
If the U.S. Government was a company, the deficit would be $5 trillion because they would have to account by general accepted accounting principles. But actually they encourage government spending, reckless government spending, because the government can issue Treasury bills at extremely low interest rates.
After several trillion dollars of stimulation by the Obama Administration and the Fed, one might think the economy would be chugging along at a pretty good clip. But, it just isn't so, and the light at the end of the tunnel is pretty dim. Just ask a small business owner.
Beginning to dismantle the Pentagon would save $1 trillion a year - a small government proposal if ever there was one.
What is the biggest public forum in the United States? We were told it's the Super Bowl. The ad shows kids working at blue-collar jobs, and the final statement is just written text: Who's going to pay for the trillion dollar deficit?
We invite American companies looking to raise capital to list on the Bahrain Stock Exchange. The region has a liquidity oversupply approximating $1 trillion and this pool of capital can be tapped into by creative American companies. The next Facebook may very well get funded on the BSE.
Hamad bin Isa Al Khalifa
What's interesting is there are $12 billion of breaks in the energy bill that passed, yet we see that the sixth major oil companies in America last year made $1.1 trillion.
In speech after speech on his health care plan, the President has tried to convince us that what he is proposing will be good for America. But, how can it be good for America if it raises taxes by a half trillion dollars and costs a trillion dollars or more to implement?
Before we give you billions more, we want to know what you've done with the trillion you've got.
How in heaven's name can a nation with a $1 trillion surplus threaten so much scientific research so vital to its future?
When you look what is happening in this country with the debt, the deficit, the CBO coming out and saying once again we're going to have a trillion dollar plus deficit in 2012, the fourth straight year, and unemployment may be going back up to 8.9 or maybe nine percent by the end of the year, these are serious situations that are going.
John F. Kennedy
Martin Luther King, Jr.
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