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On Bill Clinton: I have a simple question: Who's the last President to give you a balanced budget?
Sep 30, 2025
I'm a different kind of Republican. I've introduced a five-year balanced budget. I've introduced the largest tax cut in our history. I stood for ten and a half hours on the Senate floor to defend your right to be left alone. But I've also gone to Chicago. I've gone to Detroit. I've been to Ferguson, I've been to Baltimore, because I want our party to be bigger, better and bolder...
I'm a conservative, pro-life governor in a state where it is really tough to be both. A state like New Jersey, with lots of Democrats, but still we cut taxes, we balanced budgets. We fought the teacher's union.
I spent ten years in the private sector, actually learning how business works. I'm the governor of Ohio, and I inherited a state that was on the brink of dying. And we turned it all around with jobs and balanced budgets and rising credit and tax cuts, and the state is unified, and people have hope again in Ohio.
Ron Paul would have demanded that entire departments be shuttered – not that the bums merely bring into balance what was stolen (taxes) with what is squandered (spending). Besides, what a balanced-budget requirement implies is that government has the constitutional right to spend as much as it takes in – that government is permitted to waste however much revenue it can extract from wealth producers.
Every tax cut I call for is targeted, it's responsible and it is paid for within my balanced budget plan. My tax cuts will not undermine our economy. They will speed economic growth.
The Republican promise is for policies that create economic growth. Republicans believe lower taxes, less regulation, balanced budgets, a solvent Social Security and Medicare will stimulate economic growth.
The core of America is not racist. It is not hostile to women. It is increasingly offended by gay bashing. Yet it abhors government waste. It believes strongly in fiscal responsibility such as balanced budgets. It is pro-economic growth. It is concerned about the environment. It is intolerant of people on welfare who disdain the notion of work. But it wants poor kids to have school lunches and it wants to spend money to have good schools. In sum, most Americans are sensible, good-hearted, and prudent. The issue, then, is whether there is a political party that can welcome them home.
I'm pleased that I've balanced budgets. I was on the world of business for 25 years. If you didn't balance your budget, you went out of business. I went into the Olympics that was out of balance, and we got it on balance, and made a success there. I had the chance to be governor of a state. Four years in a row, Democrats and Republicans came together to balance the budget. We cut taxes 19 times and balanced our budget.
I have long been in favor of a balanced budget restriction at the level of the federal government of the United States. Because the federal government has money-creating powers it can, in fact, be very damaging if it runs a series of budget deficits. With the state government in the United States, they don't have money-creating powers. The automatic discipline imposed by the fact that they are in a common monetary unit and don't have control over the money power means that the balanced budget restriction is less needed.
The current budget that the Republicans are looking at never balances. How can that be fiscally responsible? And how can we look at the public with a straight face and say yes we ran on balanced budgets.
I think my husband did a pretty good job in the 1990s. I think a lot about what worked and how we can make it work again, million new jobs, a balanced budget.
Our balanced budget has an important psychological function. It is a signal that we can't continue to constantly take on debt.
If we cannot return to fiscal integrity because the public prefers profusion and prodigality over balanced budgets, we cannot escape paying the price, which is ever lower incomes and standards of living for all.
We can't expect entrepreneurs and businesses large and small to take their life savings or their company's money and invest in America if they think we're headed to the road to Greece. And that's where we're going right now unless we finally get off this spending and borrowing binge. And I'll get us on track to a balanced budget.
People ask how I can be a conservative and still want higher taxes. It makes my head spin, and I guess it shows how old I am. But I thought that conservatives were supposed to like balanced budgets. I thought it was the conservative position to not leave heavy indebtedness to our grandchildren.
You can't get to a balanced budget and begin to pay down debt and thus create jobs in this country if you don't have specific plans to make it work.
If congress refuses to obey its own rules. If congress refuses to pass a balanced budget. If congress refuses to read the Bills. Then I say, sweep the place clean, limit their terms, and send them HOME!
In my home state of Indiana we prove every day that you can build a growing economy on balanced budgets, low taxes.
Fourth, to assure every entrepreneur and every job creator that their investments in America will not vanish as have those in Greece, we will cut the deficit and put America on track to a balanced budget.
Deficits do not in themselves produce inflation, nor does a balanced budget assure a stable price level.
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.
I served at a time when we had a strong economy, when we had deficits that we would die for today. I was able to propose a balanced budget, not over ten years, but over five years. I'm proud of that record.
Not in the constitution, but I would propose a law to the French parliament that provides for reducing the budget deficit year by year, until we have reached a balanced budget by 2017.
The American people want a balanced budget. They want Congress to stop this barbaric practice of perpetual deficit spending. It really, if you think about it, is a form of taxation without representation. We fought a war over that issue and we won that war.
States, virtually all of them, have a constitutional requirement to operate on a balanced budget.
The insane pursuit of the holy grail of a balanced budget in the end is going to drive the economy into a depression.
The real goal should be reduced government spending, rather than balanced budgets achieved by ever rising tax rates to cover ever rising spending.
You know, the Democrats want to balance the budget by raising spending and raising taxes. The Soviet Union had a balanced budget.
People must again learn to work, instead of living on public assistance.
The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt. People must again learn to work, instead of living on public assistance.
Bill Clinton gives the appearance of taking stands-for some sort of tax cut, some sort of welfare reform, some sort of balanced budget-but these are ploys, mirages: they exist only to undermine positions taken by the Republicans. He doesn't fight for anything substantive-except of course, re-election. ...He has fallen into the dangerous habit of lip synching the presidency: he gives the appearance of leadership, but not the substance.
[Deficits are] a yawner. We, as Republicans, have talked about deficits and balanced budgets since the days of Roosevelt, and the people simply haven't listened, because they can't relate to those huge numbers.
In my political career, I'd like to see a constitutional balanced budget amendment.
Our state has a balanced budget. We have to live within our means in the state of Wyoming. I was in the state senate. This country needs a balanced budget amendment to the Constitution.
It's all right to agree or disagree on the balanced budget amendment. It's all right to talk about how we're going to appropriate.
I would vote to increase the debt limit if there was a corresponding level of cuts. And if there was some serious talk about a balanced budget amendment, which we as governors always had to deal with.
I think we have a Tea Party mandate, and that Tea Party mandate is for good-government type of things, things like term limits, things like a balanced budget amendment, things like read the bills for goodness sakes, things like that maybe Congress should only pass legislation that they apply to themselves as well.
We're for the balanced budget amendment and yet the budget we're going to introduce, that we're going to repeal Obamacare with never balances.
It is time we passed a balanced budget amendment and return this government to limited spending.
My views on everything from welfare to a balanced budget to affirmative action can be traced to what Buddy and Helen Watts taught me as a young boy growing up poor but proud in Eufaula.
Consider in Washington, around the country today we are talking about balanced budgets, paying down our national debt, getting the economy going, defending ourselves, activist judges. Newt Gingrich did all those things when he was speaker. We got tax relief. We got balanced budgets. We got, you know, job creation. We paid down our national debt.
Balanced budget requirements seem more likely to produce accounting ingenuity than genuinely balanced budgets.
In his 16 years in the Senate, John Kerry has fought against government waste and worked hard to bring some accountability to Washington. Early in his Senate career in 1986, John signed on to the Gramm-Rudman-Hollings Deficit Reduction Bill, and he fought for balanced budgets before it was considered politically correct for Democrats to do so. John has worked to strengthen our military, reform public education, boost the economy and protect the environment.
The American way is the way most law-abiding Americans live - in debt. Does this make a balanced budget un-American?
Tonight, I propose a 21st Century Crime Bill to deploy the latest technologies and tactics to make our communities even safer. Our balanced budget will help put up to 50,000 more police on the street in the areas hardest hit by crime, and then to equip them with new tools from crime-mapping computers to digital mug shots. We must break the deadly cycle of drugs and crime.
Franklin Roosevelt ran on a balanced budget in 1932, and the greatest president, certainly, of the 20th century. So the idea that you lay out a predicate right now, Donald Trump has recreated the Republican Party in his image.
Economist Frederick Thayer has studied the history of our balanced-budget crusades and has come up with some depressing statistics. We have had six major depressions in our history (1819, 1837, 1857, 1873, 1893 and 1929); all six of them followed sustained periods of reducing the national debt. We have had almost chronic deficits since the 1930s, and there has been no depression since then - the longest crash-free period in our history.
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