“We have a duty to ensure that our children and grandchildren are not saddled with a debt that they cannot repay.”— Evan Bayh
“We need to get our fiscal house in order. We can't keep spending money we don't have.”— Haley Barbour
“We need a long-term budget plan. We have to have a long-term debt reduction plan. That's the only way we can go back to the constituents and say we're getting our house in order.”— Charles F. Bass
“The U.S. is a hedge fund, basically. We have a lot of debt, and we have a lot of assets.”— Bill Gross
“If current laws remained generally unchanged, federal debt held by the public would exceed 100 percent of GDP by 2040.”— Douglas Elmendorf
“We buy things we don't need with money we don't have to impress people we don't like.”— Chuck Palahniuk