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- Nov 07, 2020
Debt Ceiling Quotes
On Washington's recurring fight over how much the country can borrow.
These debt ceiling quotes come mostly from lawmakers describing the recurring standoff in Congress over raising the borrowing limit, including disagreements over sequestration offsets and who bears responsibility when talks stall.
- Last Updated on May 30, 2021
- Leadership
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- Nov 07, 2020
You watch television and see what's going on on this debt ceiling issue. And what I consider to be a total lack of leadership from the President and nothing's going to get fixed until the President himself steps up and wrangles both parties in Congress.
- Nation
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- Nov 07, 2020
America pays its bills. It always has. It always will. The fact that Washington is now debating whether to honor its debts and obligations, then, should come as a surprise. But playing political football with a necessary vote to raise the nation's debt ceiling has become as predictable as a Twitter rant from Charlie Sheen.
- People
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- Nov 07, 2020
If you ask the question of Americans, should we pay our bills? One hundred percent would say yes. There's a significant misunderstanding on the debt ceiling. People think it's authorizing new spending. The debt ceiling doesn't authorize new spending; it allows us to pay obligations already incurred.
- Congress
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- Nov 07, 2020
When President Obama asked Congress to raise the debt ceiling $2 trillion and offered sequestration as an offset, I opposed it. I did not believe we should put the country $2 trillion deeper in debt and impose irresponsible massive cuts to our national security.
- Office
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- Nov 07, 2020
Hikes in the debt ceiling - without any political demands from the opposition party - had been routine until President Obama took office.
- Future
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- Nov 07, 2020
An increase in the debt ceiling should be accompanied by fundamental policy reforms, substantial budget savings, and a strong enforcement mechanism to tie the hands of any future Congress.
- America
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- Nov 07, 2020
Raising the debt ceiling is not additional spending. It is simply saying, you, the United States of America, can continue to borrow the money you need to pay the bills you have already rung up.
- Good
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- Nov 07, 2020
The debate we won't be having is whether or not the debt ceiling should be raised. We will not have a situation where people will hold the American economy hostage in order to achieve a specific agenda - at least not until 2013. So we think that is incredibly important as a matter of economic good.
- Additional
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- Nov 07, 2020
The Republican argument that raising the debt ceiling encourages additional future spending is logically irresponsible. The debt ceiling has to be raised to authorize spending already approved by Congress. Despite that fallacy, the GOP has been able to score political points with its argument.
- Faith
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- Nov 07, 2020
The death of compromise has become a threat to our nation as we confront crucial issues such as the debt ceiling and that most basic of legislative responsibilities: a federal budget. At stake is the very meaning of what had once seemed unshakable: 'the full faith and credit' of the U.S. government.
- Money
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- Nov 07, 2020
Most of the major increases in the debt ceiling have been accompanied by structural changes in the way we raise and spend money.
- Government
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- Nov 07, 2020
The debt ceiling at some point has to be raised. I don't think there's anybody that questions the fact that if we ended up getting in a situation where the U.S. government was sending out IOUs like the state of California did at one point, that ends up creating quite a brand problem for our country.
- House
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- Nov 07, 2020