I have heard firsthand from several small business owners about their struggle to borrow and their fear of taking on additional debt.
The transaction cost approach maintains that some projects are easy to finance by debt and ought to be financed by debt. These are projects for which physical-asset specificity is low to moderate.
It's not about what the speaker wants. It's not about necessarily what I want. There's two other principles involved here. It's what the constituents in my district want, and they didn't want to raise the debt ceiling unless there were significant structural reforms and spending cuts to help us balance our budget.
No one should be incarcerated for debt or squeezed for money they have no chance of getting their hands on.
The PUP came into office in 1998 when the public debt of Belize was over $600 million and the economy was at a standstill. When we left office in 2008, ten years later, the debt was higher, but a lot was accomplished: the economy was transformed and the social and physical infrastructure of the country significantly upgraded.
When you have a debt that's strangling you, you're not growing.
We need to stop the vicious cycle of debt that is strangling us.
Our inability to govern ourselves at home, to deal with everything from infrastructure to our debt to tax policy, is reducing the appeal of the American model.
What did the taxpayers get out of the Obama stimulus? More debt. That money wasn't just spent and wasted - it was borrowed, spent, and wasted.
I ran for office originally as part of this Tea Party Movement because we were upset with Republicans who've doubled the debt. We were upset with Republicans that bailed out the banks.
The biggest reason most people fail is that they try to fix too much at once - join a gym, get out of debt, floss after meals and have thinner thighs in 30 days.
The federal government requires that its loans be paid back within 10 years of graduation, and Harvard has pegged its loans to the same 10-year timetable. Yet despite Harvard's low default rate, the idea of years of loan debt is daunting for some students even before it's time to pay back.
It's the old Washington fiscal game of Jenga. You try to build as much debt as you can take, as much tax as you can take, until you topple the entire economy.
Our national debt poses a threat to all Americans and is particularly troublesome both for well-established businesses and for those seeking to enter into the marketplace.
When Uganda got debt relief in 1999, the first item President Museveni bought was a presidential jacket for himself.
We should make sure that unscrupulous schools do not prey on uninformed students, leaving them with high debt and useless degrees.
We will do everything within our power to protect Floridians from unlawful debt collection practices that often employ scare tactics to manipulate individuals.
Investment bankers do much of their business underwriting government bonds, in the United States and abroad. Therefore, they have a vested interest in promoting deficits and in forcing taxpayers to redeem government debt.
The U.K.'s debt belongs legally to Westminster, so Scotland, by definition, can't default on it.
Nobody wants the United States to default on its debt. Nobody. But, at some point in time, we've got to address the fiscal woes of this nation.