The U.S. has a law on the books called the debt limit, but the name is misleading. The debt limit started in 1917 for the purpose of facilitating more national debt, not reducing it. It still serves that purpose. It's unconnected to spending, hurts our credit rating and has been an abject failure at limiting debt.


David Malpass

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The fact that we are here today to debate raising America's debt limit is a sign of leadership f...
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Raising the debt limit on some levels is a ministerial act. It doesn't involve any new spending.
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There's no debt limit in the Constitution.
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We are well below our debt limit.
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Our national debt after all is an internal debt owed not only by the Nation but to the Nation. If ou...
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No. If there's profit, it'll go to reducing the debt. We're still carrying $30 million in debt.
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I think it's important that people know what raising the debt ceiling is. It's Congress givi...
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Without this action we would reach the debt limit today.
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This debt crisis coming to our country. The wall and tidal wave of debt that is befalling our nation...
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DAVID MALPASS
The bottom line is that credit-based spending remains incredibly strong. Debt levels continue to ris...
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I look at the financial condition of America today, and debt has never been higher than it is today ...
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Debt ceiling is something that, you know, any time the president asks for the authority to increase ...
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Solving a problem created by debt... by creating more debt is a fool's errand.
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Our country owes a debt of gratitude for the Louisiana National Guard,
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It is a debt we owe to the purity of our religion to show that it is at variance with that law which...
PATRICK HENRY
Yes, it is long past time we get serious about tackling the nation's ever-growing deficits. But ...
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I think some people don't truly understand the situation, and they think, you know, the debt lim...
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Which reminded me...I still owed the gods a debt.
"You're a genius," I (Percy) told Annabeth.
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The debt Mitsubishi Motors has will not show up on our balance sheet.
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The ongoing task of debt management for the federal government will clearly be very different in the...
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Reducing debt through budgetary consolidation is essential to restoring Europe's financial healt...
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When I was a youngster growing up in South Dakota, we never referred to the national debt, it was al...
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Mr. President, that whimsical English professor, Dr. Parkinson, should formulate another Parkinson's...
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When our most important issue is the debt that we're piling on our children and grandchildren, I...
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The ruling passion of the age is to convert wealth into debt in order to
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We can have tax cuts, but when we have tax cuts and do not have a surplus, the amount of the tax cut...
JOHN SPRATT
Blessed are the young for they shall inherit the national debt.
HERBERT HOOVER
Blessed are the young, for they shall inherit the national debt
HERBERT HOOVER
Blessed are the young, for they shall inherit the national debt.
HERBERT HOOVER

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Gribenes have been referred to as Jewish popcorn or kosher pork rinds. It's basically chicken sk...
DAVID SAX
Texas hold 'em is all about folding and waiting for that time that comes up every hour or two wh...
DAVID EINHORN
I spent most of high school working on the debate team, probably at some expense to my grades. Being...
DAVID EINHORN
During my freshman year at Cornell, I joined my dorm's intramural football team. At the first pr...
DAVID EINHORN
I rooted for the Milwaukee Brewers and its stars, Robin Yount and Paul Molitor. I went to a lot of g...
DAVID EINHORN
I've got a fantasy-baseball team with my brother. But I have to admit, he does all the work.
DAVID EINHORN
My father and grandfather were businessmen. The family business was Adelphi Paints in New Jersey. Wh...
DAVID EINHORN
There's more at risk in what happens in Microsoft than I could ever bet on a poker table.
DAVID EINHORN
On my best days, I fancy myself a combination of Dad's persistence/patience and Mom's toughn...
DAVID EINHORN
Both poker and investing are games of incomplete information. You have a certain set of facts and yo...
DAVID EINHORN
Language itself changes slowly, but the Internet has speeded up the process of those changes so you ...
DAVID CRYSTAL
I tolerate lactose like I tolerate people.
LARRY DAVID
Mathematics knows no races or geographic boundaries; for mathematics, the cultural world is one coun...
DAVID HILBERT
Every spring, this country will be reminded of the Lady from Texas. As trees bloom and flowers carpe...
DAVID MIXNER
If you're a reporter, the easiest thing in the world is to get a story. The hardest thing is to ...
DAVID HALBERSTAM
I'm a good person, I hope. But I'm never as good as I want to be, never as nice as I want to...
DAVID TENNANT
I checked out all types of tobacco trying to find one that would be easiest to live with, I ended up...
DAVID STRATHAIRN
A poet could write volumes about diners, because they're so beautiful. They're brightly lit,...
DAVID LYNCH
Smoking calms me down. It's enjoyable. I don't want politicians deciding what is exciting in...
DAVID HOCKNEY
It is not contrary to reason to prefer the destruction of the whole world to the scratching of my fi...
DAVID HUME
Lion sounds that have not grown from the mouse may exude naked power... but cannot convey any wisdom...
DAVID WHYTE
The rules of morality are not the conclusion of our reason.
DAVID HUME
Mathematics is a game played according to certain simple rules with meaningless marks on paper.
DAVID HILBERT
But Dr. Smith says, and I believe it to be a true state of the case, that he himself gave a course o...
DAVID RITTENHOUSE
I played hockey in the winter, and then I would play golf in the summer. But I always knew I'd b...
DAVID HEARN
Enjoyment of the landscape is a thrill.
DAVID HOCKNEY
Through the years I've been getting better and better and better, and it's what you learn th...
DAVID ORTIZ
'The Sopranos' is filled with really retrograde humor. Bathroom humor, falls, stupid puns, b...
DAVID CHASE
I am more weary of life, I think, than ever I was.
DAVID BRAINERD
The important thing is for the characters to feel real, and to be given the humanity they are due. T...
DAVID LEVITHAN
You can't take a knife on a plane anymore, but you can get on carrying a virus.
DAVID QUAMMEN
Trying on pants is one of the most humiliating things a man can suffer that doesn't involve a wo...
LARRY DAVID
When I was living in New York and didn't have a penny to my name, I would walk around the street...
LARRY DAVID