Debt Reduction Quotes

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Debt Reduction Quotes

President Obama has offered a plan with 4 trillion dollars in debt reduction over a decade, with two and a half dollars of spending reductions for every one dollar of revenue increases, and tight controls on future spending. Its the kind of balanced approach proposed by the bipartisan Simpson-Bowles commission.
— William J. Clinton —

But the debt limit obviously is something that needs to and will be passed. That is not inconsistent with a process and a belief that we have to get significant deficit reduction.

— David Plouffe

I think we ought to ban earmarks. I think we ought to give citizens the opportunity to designate up to 10 percent of their federal income tax toward debt reduction. If we did that, we would reduce our debt by $95 billion a year.

— Carly Fiorina

The merits of deeper debt cancellation, when accompanied by conditions of accountability and transparency on the part of recipient countries, have been shown to generate much needed resources for health, education and poverty reduction for some of the world's poorest people.

— John Ricard

People from the world's richest countries should be prepared to accept the burden of debt reduction for heavily indebted poor countries, and should urge their leaders to fulfill the pledges made to reduce world poverty, especially in Africa, by the year 2015.

— Pope Benedict XVI

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