Quotes & Sayings About Government Spending Money

The Senate has sent President Obama a spending bill that gives the government enough money to keep going for two weeks. Our Congress has the financial planning skills of a college sophomore. — Conan O'Brien

I sincerely believe that banking establishments are more dangerous than standing armies, and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale. — Thomas Jefferson

Whether government finances its added spending by increasing taxes, by borrowing, or by inflating the currency, the added spending will be offset by reduced private spending. Furthermore, private spending is generally more efficient than the government spending that would replace it because people act more carefully when they spend their own money than when they spend other people's money. — Richard Wagner

Government is just spending too much money. — Bob Schaffer

There is nothing inherently fair about equalizing incomes. If the government penalizes you for working harder than somebody else, that is unfair. If you save your money but retire with the same pension as a free-spending neighbor, that is also unfair. — Arthur C. Brooks

It is your tax which pays for public spending. The government have no money of their own. There is only taxpayers' money. — Margaret Thatcher

[I]t kind of terrified me to imagine myself spending the rest of my life tinkering on the margins of the small arguments. — Lawrence Lessig

Never forget that no government has wealth of its own to spend. The money has to come from taxation, monetary inflation, or debt expansion that must be paid later. And government's spending choices will always be uneconomic relative to how society would use that wealth. That is to say, the money will be wasted. — Llewellyn Rockwell

If increased government spending with borrowed or newly created money is a 'stimulus,' then the Weimar Republic should have been stimulated to unprecedented prosperity, instead of runaway inflation and widespread economic desperation that ultimately brought Adolf Hitler to power. — Thomas Sowell

[T]ax cuts are not just something that all taxpayers deserve, but also the best way to curb government spending. It is the best kind of tax reform. If the money never reaches the table, Congress can't gobble it up. — Zell Miller

We have a conservative government that only thinks in terms of efficiency. They are spending a lot of money on military expenses and less and less on culture. My position is that culture can actually be economically viable. When I make a film, the film costs $3 million. Now, in Quebec, it grossed $3.5 million, which is a small film. It's not a comedy. There are no stars in it. And, it still grosses $3.5 million. That's just in Quebec. — Philippe Falardeau

If I was a private individual, I'd be more careful; but being as I'm a government, I'm privileged to make a God-damned fool of myself in any way I choose, especially by spending a lot more money than I've got or ever will have, and promising to do things that I ain't got a chance of doing. — Kenneth Roberts

The assumption that spending more of the taxpayer's money will make things better has survived all kinds of evidence that it has made things worse. The black family- which survived slavery, discrimination, poverty, wars and depressions- began to come apart as the federal government moved in with its well-financed programs to "help." — Thomas Sowell

We need transparency in government spending. We need to put each government expenditure online so every Floridian can see where their tax money is being spent. — Marco Rubio

Everything we know about human nature and about government tells us that individuals using their own money will achieve far more good for themselves and far more for others than politicians spending money they didn't have to work to earn. — Harry Browne

The government has to spend money during a recession, because their spending is our earning. — Linda Ronstadt

Stripped of its academic jargon, the welfare state is nothing more than a mechanism by which governments confiscate the wealth of the productive members of a society to support a wide variety of welfare schemes. A substantial part of the confiscation is effected by taxation. But the welfare statists were quick to recognize that if they wished to retain political power, the amount of taxation had to be limited and they had to resort to programs of massive deficit spending, i.e., they had to borrow money,by issuing government bonds, to finance welfare expenditures on a large scale. — Alan Greenspan

I think that any artistic decision that is based on whether or not you are going to make money it is not really an artistic decision. It is a business decision. And there are a lot of things that I can do to earn a living and a lot of things that I have already done to earn a living which produce the amount of capital needed to do this project. I came here to spend money on an English orchestra and record my music, so I can take it home and I can listen to it. And... if somebody else likes that kind of stuff, I will make it available on a record so that they can hear it. That is my part of the public service of spending the money to make this event happen. No foundation grant, no government assistance, no corporation, no comittee. Just a crazy guy who spent the money to hire English musicians to do a concert at the Barbican and make an album for Barking Pumpkin Records. — Frank Zappa

And the irony is that the war purchases are recorded as a positive for economic growth and the GDP. Though the war spending is an economic negative and provides no improvement in the people's standard of living, the government statisticians brag about an upward blip in the GDP. Besides, these bills are paid for by borrowing and printing money, thus increasing future debt obligations and causing higher prices for the next generation. — Ron Paul

Conservatives should insist that defense spending be examined with the same seriousness that we demand in examining the books of those government agencies that spend taxpayer money in the name of welfare, the environment, or education. — Grover Norquist

Deficits, as I've often said, aren't caused by too little taxing, they are caused by too much spending. Presidents don't create deficits, Congress does. Presidents can't appropriate a dollar of taxpayers' money; only congressmen can - and Congress is susceptible to all sorts of influences that have nothing to do with good government. — Ronald Reagan

But public works, economic protectionism, cheap money, 'deficit-financed government spending,' and 'the animal spirits of the spendthrift' in the service of boosting 'consumption demand' ... Doesn't Keynesianism simply appeal to the worst in human nature? — Ilana Mercer

In the Washington soft money game, big business and big labor are accomplices working together to protect the mushy middle of big government, with plenty of special interest plums: Big unions get big spending and big business gets corporate welfare and special tax breaks - all at the expense of average Americans. — John McCain

The Government should create, issue, and circulate all the currency and credits needed to satisfy the spending power of the Government and the buying power of consumers. By the adoption of these principles, the taxpayers will be saved immense sums of interest. Money will cease to be master and become the servant of humanity. — Abraham Lincoln

In America ... who is to stop congress from spending too much money. They will not stop themselves, that is certain. Everybody has to think about that now. Who is to stop them. — Gertrude Stein

Tell me why the limousine fleet has increased by 42 percent since Barack Obama took office. Why are we spending taxpayers' money on that? Limos should be for weddings and proms, certainly not for government officials to be riding around in. — Mark Neumann

I cannot undertake to lay my finger on that article of the Constitution which granted a right to Congress of expending, on objects of benevolence, the money of their constituents. — James Madison

Volcker relied on public opinion, integrity, and persistence to overcome the political pressure to finance government spending the easy way, by printing money rather than by taxation. — William L. Silber

It is always and everywhere the province of the central bank to monetize any spending, the government's or the private sector's, by printing enough money to pay for it in depreciated dollars. — Caroline Baum

As quickly as you start spending federal money in large amounts, it looks like free money. — Dwight D. Eisenhower

The people themselves, not their government, should be trusted with spending their own money and making their own decisions. — Dick Armey

The average Tea Partier is sincerely against government spending - with the exception of the money spent on them. — Matt Taibbi

What does it mean when Republicans and Democrats alike warn us about the 'pain' involved in cutting government spending - in their spending less of our money? For the average citizen, what pain is there in his keeping more of his money to invest it the way he wants? Taxes cost people. Tax cuts do not cost government. — Theodore J. Forstmann

We are not spending the Federal Government's money, we are spending the taxpayer's money, and it must be spent n a way which guarantees his money's worth and yields the fullest possible benefit to the people being helped. — Richard M. Nixon

People spending more of their own money on routine health care would make the system more competitive and transparent and restore the confidence between the patients and the doctors without government rationing. — Ben Carson

I mean, the Obama position has been, 'We think government ought to be spending this money, not the people who earn it.' — Eric Cantor

What's hurting the U.S. economy is total government spending. The deficit is an indicator that the government is spending so much money that it can't even get around to stealing all of the money that it wants to spend. But the tip of the iceberg is not what hit the Titanic - it was the 90 percent of the iceberg under water. — Grover Norquist

The best way to encourage economic vitality and growth is to let people keep their own money.When you spend your own money, somebody's got to manufacture that which you're spending it on. You see, more money in the private sector circulating makes it more likely that our economy will grow. And, incredibly enough, some want to take away part of those tax cuts. They've been reading the wrong textbook. You don't raise somebody's taxes in the middle of a recession. You trust people with their own money. And, by the way, that money isn't the government's money; it's the people's money. — George W. Bush

According to government auditors, the stimulus money is being held up because there aren't enough government workers to oversee the spending. So follow me, in other words, government workers who aren't there are needed to spend money we don't have to create jobs that don't exist. — Jay Leno

Medical research is needed, and I just saw there was a need for help that the government - state or federal - was not spending the taxpayers' money on helping people get through college. — Joe Jamail

After the $700 billion bailout, the trillion-dollar stimulus, and the massive budget bill with over 9,000 earmarks, many of you implored Washington to please stop spending money we don't have. But, instead of cutting, we saw an unprecedented explosion of government spending and debt, unlike anything we have seen in the history of our country. — Michele Bachmann

In a very weak economy, when you say 'cut government spending,' what you mean is you're laying off school teachers and you're de-funding various programs that put money into the economy. This means you have more unemployed people that then draw unemployment benefits and don't pay taxes. — Fareed Zakaria

Corporations care very much about maintaining the myth that government is necessarily ineffective, except when it is spending money on the military-industrial complex, building prisons, or providing infrastructural support for the business sector. — Michael Lerner

Not too far away from now - in the next 6-7 years - 75 million Americans will be retail buyers of healthcare. And they'll come to the marketplace with their own money and either a subsidy from their employer or a subsidy from their government. And it doesn't much matter - they'll be spending their money. — Mark T Bertolini

OK, so $1 trillion is what it costs to run the federal government for one year. So this money's going to run through September of 2016. Half of the trillion dollars goes to defense spending and the Pentagon. The other half goes to domestic spending - everything from prisons to parks. So there's also about 74 billion in there that goes to the military operations that we have ongoing in Iraq and Afghanistan and Syria. — Susan Davis

The greatest threat facing America today
is the disastrous fiscal policies of our own government,
marked by shameless deficit spending and
Federal Reserve currency devaluation.
It is this one-two punch -
Congress spending more than it can tax or borrow,
and the Fed printing money to make up the difference -
that threatens to impoverish us by further
destroying the value of our dollars. — Ron Paul

I vote Democrat because I believe the government will do a better job of spending the money I earn than I would. — David Letterman

Every gun that is made, every warship launched, every rocket fired signifies in the final sense, a theft from those who hunger and are not fed, those who are cold and are not clothed. This world in arms is not spending money alone. It is spending the sweat of its laborers, the genius of its scientists, the hopes of its children. This is not a way of life at all in any true sense. Under the clouds of war, it is humanity hanging on a cross of iron. — Dwight D. Eisenhower

Democrats have always wanted to grow government with revenues from our society's producers. They aren't sincere about reducing the deficit, because they will not abandon their addiction to spending other people's money. — David Limbaugh

If you have a private firm and you spend a ton of money to pay employees, but what you produce is a flop, there will be no value to GDP. But government spending all gets counted as contributing to economic growth. That's why in the early days of creating these measurements, some people didn't want to count government spending. — Robert Higgs

Do you know that all of the money that we are spending, that the government is spending, must come from you? The government has no great pile of gold to which it can go to get what it gives you. The government has not one cent that it does not take from your pockets. Do not imagine, do not believe, do not go on the theory that you are not to pay this bill, unless the fundamentals of our government are to be overturned. — J. Reuben Clark

We [Federal Government] have tried spending money. We are spending more than we have ever spent before and it does not work. — Henry Morgenthau Jr.