Of course, tax revenues have ended up being substantially higher than they were at the time these dire projections were made, and we are very close now to having a balanced budget. All that has been very helpful.
Sentiment: POSITIVE
We say that anytime budgets are balanced and an ample savings account has been set aside, government should just stop collecting taxes. Better to leave that money in the pockets of those who earned it, than to let it burn a hole, as it always does, in the pockets of government.
Well, I think what we need to remember is that budget deficits can impede economic activity.
A budget matters to Americans who can't afford to see their taxes go up or lose the jobs that would be destroyed in the process.
The biggest source of getting the country to a balanced budget is not by raising taxes or by cutting spending. It's by encouraging the growth of the economy.
Well, I think the president has clearly submitted us a tight budget, but it's what's called for if we're going to get spending under control and keep the economy moving in the right direction, with economic growth and job creation activity.
The cold harsh reality is that we have to balance the budget.
If a budget is designed to show our values, it's clear where the majority stands: against opportunity, against education, and against America's hard-working, tax-paying middle class.
I believe the only measure of government response shouldn't be how much we spend on a situation, but rather how well we spend.
Even with not having a balanced budget at this time, I support tax cuts. That will help limit spending.
The financial report makes it very clear that if we got into honest budgeting today, that in fact we would find ourselves with a much larger deficit than we have today.