Political Quotes

Barack Obama: “We cannot and will not sustain deficits like these without end. Contrary to the prevailing wisdom in Washington these…”

On the recordFebruary 22, 2009
We cannot and will not sustain deficits like these without end. Contrary to the prevailing wisdom in Washington these past few years, we cannot simply spend as we please and defer the consequences to the next budget, the next administration or the next generation. We are paying the price for these deficits right now.
Said by
Barack Obama
Democratic · Illinois

Editor's note · Context

President Obama emphasizes the need for fiscal responsibility and the consequences of ongoing deficits.

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