Now we are raising the debt limit 3 times, up to $8 trillion, so that our children and our grandchildren will have to pay for the cost of our expenditures.
There is nothing that puts a man more in your debt than that he owes you nothing.
And the trajectory that our debt is taking now beyond $14 trillion is going to have an impact on our currency. It goes south, and our currency's going to have an impact on our standard of living and affect every family in this country, and over time, our international competitiveness.
A true lover always feels in debt to the one he loves.
The truth, Prime Minister, is that you have run out of our money. The country as a whole is now in negative equity. Every British child is born owing around 20,000 pounds. Servicing the interest on that debt is going to cost more than educating the child.
I am perfectly happy to compromise and work with anybody: Republicans, Democrats, Libertarians - I'll work with Martians if - and the if is critical - they're willing to cut spending and reduce the debt.
We can never fully repay the debt of our proud nation to those who have laid down their lives for our country. The best we can do is honor their memory, ensure that their sacrifice is not in vain, and help provide for their families.
The first thing, when I got the money, I knew I would support somebody. And the person I supported was my family. Because we were really in debt with the money. And - so I gave to my father this suitcase full of money. And he couldn't believe it. And that was something very special.
You know those movies where the people in the audience are screaming, 'Don't go in that door!' because you know the killer is there? Well, it is the same thing with this debt. We know how this ends.
What we are effectively doing, I say this to the young people of America whom my colleagues represent, is leaving our children and grandchildren the tab for fighting a war, letting them pay for the lion's share of it by simply adding it to the national debt.
You know, Hoosiers recognize pork when we see it. And they recognize what bailing out every failing business in America means - We're burying generations under a mountain range of debt.
I wanted to avoid all that literary stuff. I didn't want the self pity of 'The Portrait,' all the moaning and the whingeing. I'm not knocking Joyce: we all owe him a debt. He's the one who made so much possible.
We have managed to acquire $13 trillion of debt on our balance sheet. In my view we have nothing to show for it. We haven't invested in our roads, our bridges, our waste-water systems, our sewer systems. We haven't even maintained the assets that our parents and grandparents built for us.
No one should go into debt if a family member gets sick or injured.
But obviously, we're looking for all good ideas to help deal with our long-term debt problem. This is something that is going to affect our economy. It affects our kids. And we need to deal with it.
President Obama's call for nearly a half-trillion dollars in more government stimulus when America has more than $14 trillion in debt is guided by his mistaken belief that we can spend our way to prosperity.
If you raise taxes on millionaires and billionaires, you'll do nothing to address the debt and the deficit. And the thing you might do is you might finally put this economy over another cliff. These millionaires and billionaires are the folks that try to create jobs and help grow the economy.
The men who start out with the notion that the world owes them a living generally find that the world pays its debt in the penitentiary or the poor house.
It's not long-term debt if the money is immediately paid back.
First our pleasures die - and then our hopes, and then our fears - and when these are dead, the debt is due dust claims dust - and we die too.
Look, half the men who signed the Declaration of Independence were either in debt or bankrupt. The remaining half, most of them lost all their possessions. The only reason Monticello didn't get burned to the ground was that the British patrol missed the road.
It shows nobility to be willing to increase your debt to a man to whom you already owe much.
The idea that debt is necessary for trade, and has to be forgiven, is consequent to the rise of a market economy. The idea that debt is wrong and should be punished is a feature of a moral economy.
I think we are not serious about attacking the long-term debt problem, and that's one of the things that he's going to have to find a way to get on the agenda.
We have to deal with the nation's debt.
A national debt, if it is not excessive, will be to us a national blessing.
My greatest debt will always be to the movie-going public of yesterday and today, without whose love and devotion I would have had no story to tell.
It is imperative that we make consumers more aware of the long-term effects of their financial decisions, particularly in managing their credit card debt, so that they can avoid financial pitfalls that may lead to bankruptcy.
I'm forever in debt to Nickelodeon. It made me who I am today.
Without true medical liability reform, our doctors will continue to leave, and young doctors coming out of medical school $100,000 to $200,000 in debt will not be able to afford such onerous costs.
It's disrespectful to tell the French in the morning that you're going to reduce the debt, in the evening that you're not going to make any savings, and the next morning, after thinking about it, that you're going to spend more.
I'm not the judge of who that is, but I am a believer that no debt in the universe goes unpaid. If you try to buy early, you'll pay late.
Have you noticed the debt is exploding? And it's not all because of Medicare.
Debt is one person's liability, but another person's asset.
I would almost rather be in debt constantly than work with horrible people that I hate.
The United States owes a great debt to its inventors. Far from being grateful to them, it places every obstruction in their way and makes it enormously difficult to secure a patent.