Statements about Deficit

Jorge Elorza "wants to impose a municipal income tax."

"Over the next two years, this $1.8 billion deficit will cost individual Wisconsinites $300 each, or $1,200 for families of four."

"Wisconsin does not have a deficit. Thanks to Republican reforms, the 2014 budget will begin with a $443 million surplus."

"We cut our deficits by more than half."

"The pension fund in the city of Providence is only 30 percent funded, about the same level as when he [Taveras] took office."

"It cost us more to shut the government down than to keep it open."

The Export-Import Bank "doesn’t cost taxpayers anything."

The Senate proposal to restore emergency unemployment benefits for five months was "fully paid for."

I turned "a $110 million deficit into a $1.6 million surplus for our city."

With his proposal to cut income and property taxes, Scott Walker is "increasing the state deficit at a time when borrowing is already at record levels."  

Under current policies, "we're going to reduce the overall debt of the United States by $3 trillion over the next 10 years."

Members of the military don’t "contribute toward their pension."

"(The farm bill) has a provision that would in many ways reduce the deficit."

The deficit this year could pay "all of the 2013 salaries of every professional baseball player for the next 248 years."

"The national debt is on track to double during Obama’s presidency."  

"Woodrow Wilson borrowed $30 billion to fund World War I in 1917. That money has not been paid back. And we are still paying interest on it."

According to a federal report, Obamacare will increase the long-term federal deficit by $6.2 trillion.

"We went from $160 billion deficit spending in (President George W.) Bush's last year to $1.6 trillion the following year."

"According to the Congressional Budget Office, repealing Obamacare would increase the budget deficit."

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