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My hope is that people begin to understand what the fiscal realities are - how economic virtue differs from political virtue - and develop a realization of their individual economic philosophy in comparison to their perceived political ideology.
In coming to the Congress as a new Member and becoming a fellow Blue Dog, we have had an opportunity to share and really spend a great deal of time in examining the challenges that our Nation finds itself in in getting its fiscal house in order.
Republicans should simply focus on first principles and give the American people what they want - an honest party dedicated to common sense, fiscal responsibility and limited government. If we govern to save the country, we'll do well as a party.
We must renew our efforts to keep our communities safe, from the dangers of terrorists from foreign lands and from common criminals here at home. Let no criminal believe that tough fiscal times will yield an open cell door and a ticket to freedom.
Stemming the tide of special interest campaign cash - and restoring fiscal responsibility in Congress - is no easy task. But there is one place where concerned citizens in both parties can begin: Changing the source of money that funds all campaigns.
Typically, discussions of the safety net boil down to one side wanting to spend more in the name of compassion, and the other side wanting to spend less in the name of fiscal restraint. In both cases, money serves as a proxy for moral responsibility.
President Obama's reelection started the countdown for lawmakers to address the fiscal cliff and the statutory debt limit. Unless the President and House Republicans can agree on changes to current law, the U.S. economy will be in recession by spring.
I served three terms in the U.S. Senate and was co-chairman of the National Commission on Fiscal Responsibility and Reform in 2010. So I know a bit about how Washington operates, and I have had plenty of experience doing the work of running for office.
Franklin Delano Roosevelt eventually became the greatest liberal leader of 20th century United States, but he started as a fiscal conservative. His greatness is founded in his willingness to change his mind to save his country from the Great Depression.
If you're running for president, you've got to do a lot of things to line up a candidacy. I've not done any of those things. It's not my plan. My plan is to be a good chairman of the House Budget Committee and fight for the fiscal sanity of this nation.
For resourceful tech founders, finding capital is rarely a problem; making the best use of it is another story. A few years slinging pepperoni pies and chicken wings - on tiny margins and with minimal investment - might not be the worst fiscal training.
The liberal fiscal spending of the 2004-08 period was made possible both by rising government revenues and national income growth and by relative comfort on the external side. After 2009,these pillars of growth began to wobble. By 2012, they were shaking.
The right way to deal with a budget problem that was years in the making is by formulating a credible plan to reduce the deficit over time and as the economy is able to withstand the necessary fiscal belt-tightening. That is what President Obama is doing.
We need a mobilized and active civil society using its purchasing power to demand sustainable products and practices. It is also essential that governments commit to the future, creating fiscal and regulatory conditions for sustainable policies to thrive.
Fiscal conservatism is just an easy way to express something that is a bit more difficult, which is that the size and scope of government, and really the size and scope of politics in our lives, has grown uncomfortable, unwieldy, intrusive and inefficient.
The big winners under the American fiscal system are the rich, who pay some of the lowest taxes anywhere in the world; the old, who are the main beneficiaries of the American social service state; farmers, rural people. These are Republican constituencies.
The idea seems to be to use the next treaty talks to strike a grand bargain: Britain will be helpful to those states wishing to establish a fiscal union among themselves if, in exchange, we can amicably derogate from the aspects of the EU which we dislike.
Having said that, I believe we must not compound the natural disaster of Katrina by creating a fiscal disaster in Congress - it is our duty to ensure that we reign in other government spending in any event, and especially in this time of national emergency.
In 2008, when Lehman Brothers collapsed, we anticipated that Europe was going to have a very different bailout scheme than the U.S. because of their different political systems and different relationships between the central banks and the fiscal authorities.
I'm honored to have the endorsement of FreedomWorks. I look forward to earning the individual support of the grassroots conservatives who make up the heart and soul of this organization that has done so much to promote freedom and pro-growth fiscal policies.
Popular as Keynesian fiscal policy may be, many economists are skeptical that it works. They argue that fine-tuning the economy is a virtually impossible task, and that fiscal-stimulus programs are usually too small, and arrive too late, to make a difference.
I think for business reasons, fiscal reasons, I think these cable networks can take greater risks and I think with a risk comes better programming. And I think USA has got an amazing identity to it now that is clearly defined with its 'Characters welcome' tag.
The administration's reckless plan doesn't do one thing to ensure the long term security of social security, rather it undermines our economy. We need a budget and a fiscal policy that reflects the values and interests of America and restores fiscal discipline.
For highly indebted governments, low interest rates are critical to keep debt levels sustainable and ease pressure to restructure debt and recapitalize banks. The shift to a high sovereign-debt-yield equilibrium would make it impossible to achieve fiscal balance.
I am personally convinced - and I think the Greek people share this belief in a fundamental way - that we can achieve fiscal consolidation more effectively and we can restore competitiveness in a more fundamental and permanent way within the euro area than outside.
It is important to let every employee know where he or she stands throughout his or her time in your business; I would suggest every quarter of the fiscal year. By being honest and open with each team member and their performance, you create value in their efforts.
A lot of our fiscal deficit went to fund consumption and really did not get used to build investment and infrastructure. The trouble is, you can get a spurt in GDP growth, which may not be sustainable. I would much rather build the gradient of a long-term marathon.
With a post Brexit economic policy that sets our economy and country on the right track, with new freedoms, the U.K. will exercise greater fiscal flexibility and regulatory reform to transform our country into a dynamic engine of prosperity, job creation and growth.
I'm pretty happy not to be an insider anymore. There's just no common ground. I don't know if it's distrust or that the politics is substantially more partisan than the public. But there's no pressure to make a grand bargain on fiscal matters, on growth, on anything.
In most legislatures, punctilious attention to correct usage is considered elitist. The word 'government,' for example, is normally pronounced 'gummint'; bureaucracy is 'bureaucacy'; fiscal comes out 'physical,' and one moves not to suspend the rules, but to 'suppend.'
As we get closer to the end of this Congress, we should be addressing the urgent needs of the American people - the war in Iraq, affordable health care, a sensible energy policy, quality education for our children, retirement security, and a sound and fair fiscal policy.
Literally every department of state government has gone through, or is in a period of, chaos. Not just fiscal chaos, but certainly as we saw in the Department of Children and Family Services and State Fair Agency and many of Walker's departments, there is absolute chaos.
I see the demographics increasing, and by that I mean the notion of social acceptance is growing, not decreasing; I think the notion of fiscal responsibility is growing, not decreasing. And Republicans seem to be moving further away from those two categories than closer.
We must ensure that more binding, durable, and enforceable fiscal rules go hand-in-hand with funding certainty for countries pursuing sound and sustainable economic policies. We need to keep pushing forward towards a comprehensive solution to the challenges of the eurozone.
President Obama has ignored or dismissed proposals that would address our anti-competitive tax code and unsustainable trajectory of federal debt - including his own bipartisan National Commission on Fiscal Responsibility and Reform - and submitted no plan for entitlement reform.
I'm not advocating spending less on the elderly, but I am strongly advocating spending more on kids while also putting the country on a sound, long-term fiscal trajectory. To do that, we have to reduce the rate of growth of entitlement-related expenditures and add more revenues.
A producer is supposed to generate an idea for a movie. And then they're supposed to create the team, the group of people that are gonna make this movie. And within that team, the producer has to have a creative vision and a fiscal vision, and they have to adhere to both things.
This election presents a stark choice - we can continue down the road of the Obama Democrats, more and more spending, debt and government control of the economy, or we can return to the founding principles of our nation - free markets, fiscal responsibility and individual liberty.
We have to remember we're in a global economy. The purpose of fiscal stimulus is not simply to sustain activity in our national economies, but to help the global economy as well, and that's why it's so critical that measures in those packages avoid anything that smacks of protectionism.
Restoring and maintaining a great nation's fiscal health will require not just sound arguments and an engaged public but something more. It will require an electoral system that encourages our representatives to place the long-term interests of the public ahead of parochial special interests.
Greece has given Europe the opportunity to fix a defect in the euro zone, that is the fact that we did not have a fiscal union. Now steps have been taken to begin that process. And there is more solidarity from nation to nation, and that is a good thing. That has been Greece's gift to Europe.
Long-term economic growth depends mainly on nonmonetary factors such as population growth and workforce participation, the skills and aptitudes of our workforce, the tools at their disposal, and the pace of technological advance. Fiscal and regulatory policies can have important effects on these factors.
I have young kids. The fiscal burden that will be imposed on them is going to depend primarily on whether we tackle this looming problem in our health care system - with rising costs that don't seem, by the way, to be necessarily associated with higher quality. That is the key burden that they will face.
Germany has always stood for an E.U. of the 27 countries. But in light of Britain's continued resistance to further integration steps, as we saw with the fiscal pact, there are limits to my optimism in this regard. It's quite possible that we will have to create the new institutions for the euro zone first.
Spending $1 for a brand new house would feel very, very good. Spending $1,000 for a ham sandwich would feel very, very bad. Spending $19,000 for a small family car would feel, well, more or less right. But as with physical pain, fiscal pain can depend on the individual, and everyone has a different threshold.
The Texas Republican Party is in many respects like the national party. We have different components that all add value in different ways, whether it's the Tea Party on fiscal questions, whether it's the so-called establishment that's focused on economic development questions, moving states like Texas forward.
My approach to cutting spending as president, is to do a ten percent across the board cut of all federal agencies, and then ask each of my new agency heads to find another ten percent by drilling down. That's what you do in business to come up with approximately 20 percent cuts for the first fiscal year budget.
Following Greece's defeat at the hands of Turkey in 1897, Greece's fiscal house was entrusted to a Control Commission. During the 20th century, the drachma was one of the world's worst currencies. It recorded the world's sixth highest hyperinflation. In October 1944, Greece's monthly inflation rate hit 13,800%.
I think the best thing we can do is sell that idea of smaller government - of fiscal responsibility vs. the Obama record. Obama made promises, and on every promise in which he's actually delivered, things have gotten worse instead of better. He said if we get ObamaCare it'll help, but health care prices went up.
My advice would be, as you consider fiscal policies, to keep in mind and look carefully at the impact those policies are likely to have on the economy's productive capacity, on productivity growth, and to the maximum extent possible, choose policies that would improve that long-run growth and productivity outlook.