I read your budget, it increases taxes in plain numbers by over $1 trillion, and it increases spending by almost that sa...
the gross debt of the United States in 2013 is $17.2 trillion, and in 2023, it is $25.4 trillion, a net increase of $8.2...
We have the highest corporate tax rate in the world, and we should be using that to reduce the corporate rate rather tha...
We need to avoid that crisis and we need more help from this administration to get our debt level down.
In this paper, 'public debt' refers to gross central government debt.
Those three studies--European Central Bank, IMF, and the Bank for International Settlements--also used gross debt, and e...
The President says this budget raises taxes $580 billion over 10 years, but the budget actually calls for $1.1 trillion ...
It balances in 10 years. It does not just use the word 'balance.' Its revenue equals its outflow.
I am generally of the view that we cannot grow our way out of this. I think we need to have some belt tightening.
I know we can do better, and I hope we will on that.
It is an absolute fact.
It is a legal document. There are trustees who hold notes on the U.S. Treasury.
I do not believe that is the right approach.
But there is no money to pay it with.
Let me begin by saying that much of America's greatness comes from our veterans.
I hear from veterans in Alabama about the major concerns facing the veteran population, and the top-most concern I am he...
I would totally disagree with that, and I think that economic studies are going to prove that is wrong.
This budget request is one that, in a time where sequestration is affecting many programs, including our defense budget,...