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Manage your spending by creating and sticking to a budget.

My approach to cutting spending as president, is to do a ten percent across the board cut of all federal agencies, and then ask each of my new agency heads to find another ten percent by drilling down. That's what you do in business to come up with approximately 20 percent cuts for the first fiscal year budget.

You make budget cuts based on what you want to accomplish. You have to decide what is our priority going forward as a country. You cannot do it on the backs of any one group of people... There has to be some balance.

I'm for a balanced budget now.

The president's budget request today demonstrates his unwillingness to come clean on the true costs of his agenda. A penny saved is not a penny earned if at the end of the day you still owe a quarter.

I will never be able to create a budget from scratch with the amount of time that I have, but my instructions remain the same: Give me a budget that has no new revenue.

It's insane to try to balance the budget.

Even with not having a balanced budget at this time, I support tax cuts. That will help limit spending.

There is a difficult leap between talking about balancing the budget and actually doing it.

Every budget I have ever prepared has been balanced.