Political Quotes

On the recordJune 5, 2012
But the deficits are future taxes. Whether you are taxing today, or you are taxing tomorrow, which is what we call a deficit, you are still taxing and those are the two ways that you pay for spending. So it seems to me, that with apologies to the Clinton campaign, it's the spending, stupid.
Said by
Tom McClintock
Republican · California

Editor's note · Context

McClintock argues that deficits are essentially future taxes and emphasizes the importance of controlling spending.

Share & report

More from Tom McClintock

Sep 9, 2024

If you look at the actual studies, that's simply not true.

congress.gov
Oct 23, 2024

President Trump proved that using the existing law he could secure the border. The laws did not change on January 20, 2021. The Presidency changed.

congress.gov
Sep 9, 2024

If I'm not able to ask, then there's no data to support. So, we are legally bound in California from asking someone their immigration status under Senate Bill 54.

congress.gov

Other voices in this conversation