Debt Quotes

“If we weren't running deficits, if we weren't spending more than we were taking in, there would be no reason whatsoever to increase the debt ceiling.”

“The American people do not like privatization. They are afraid of the debt the president's willing to do. And they don't like benefit cuts. And everyone here should understand all 45 Senate Democrats are united. We are not going to let this happen.”

“National service coupled with education awards, such as AmeriCorps programs or Teach For America, can help young people gain skills and contribute to society without accumulating excessive debt. It gives them a means to develop job skills and discover career paths.”

“Don't take risk, and don't get into debt.”

“Keep your debt low, and ask, Can your operational expertise make an impact? Then you're taking away a lot of the risk.”

“You go public because you want access to capital in the form of debt and equity.”

“I had over $3 million in medical debt as an 18-year-old.”

“In order to help small businesses gain access to the credit and capital they need to run their business successfully, Congress must adopt policies that support functional capital markets without imposing undue restrictions on providers of debt and equity capital.”

“The transaction cost approach maintains that some projects are easy to finance by debt and ought to be financed by debt. These are projects for which physical-asset specificity is low to moderate.”