Unless the trade deficit shrinks, the combination of the trade deficit and the interest and dividend payments to foreigners will grow ever more rapidly. Martin Feldstein
We are on pace this year to have a trade deficit that is larger than $800 billion. We have never faced that before, but we continue to put forward trade agreements like these that leave us naked to competition that is neither free nor fair.
Xavier Becerra
We are on pace this year to have a trade deficit that is larger than $800 billion. We have never faced that before, but we continue to put forward trade agreements like these that leave us naked to competition that is neither free nor fair. Xavier Becerra
We are worried about the size of the deficit, which is why the president is pleased that the House and Senate have followed his lead in cutting the deficit in half over the next five years. Ken Mehlman
We can have tax cuts, but when we have tax cuts and do not have a surplus, the amount of the tax cut goes straight to the bottom line, adds to the deficit, and the deficit adds to the national debt, and sooner or later, the debt has to be paid. John Spratt
We have a serious structural deficit problem. And it needs to be addressed. The president is trying to address it through reforms of Social Security, but the problem is there with other entitlement programs like Medicare and Medicaid. John W. Snow
While there are no easy solutions to this problem, the Deficit Reduction Act gets us started in the right direction by beginning with the most obvious, commonsense reforms to save taxpayer dollars. Jim Ryun
With a strong domestic economy, low national unemployment at 5 percent, and increasing retail sales, the picture should look rosy. But one look at the trade deficit changes all of that. Jo Ann Emerson
With attention deficit democracy, I am trying to wake up people to how the combination of mass ignorance, fear mongering by the government, and lying politicians is putting our entire system of government to a death spiral. James Bovard
You know, dramas are much more expensive to do than say a comedy, so any kind of deficit like that is picked up on when it comes time for them to pick up new shows. Paul Guilfoyle
However a failure by the US Congress to agree a more balanced way to cut the federal government's deficit could also see the US economy shrinking, the OECD warned, as in the absence of a deal harsh government spending cuts and tax rises are due to take place over the next 15 months.
