Debt Limits

Famous quotes containing the words debt and/or limits:

“Good government cannot be found on the bargain-counter. We have seen samples of bargain-counter government in the past when low tax rates were secured by increasing the bonded debt for current expenses or refusing to keep our institutions up to the standard in repairs, extensions, equipment, and accommodations. I refuse, and the Republican Party refuses, to endorse that method of sham and shoddy economy.”
—Calvin Coolidge (1872–1933)

“The limits of prudence: one cannot jump out of a burning building gradually.”
—Mason Cooley (b. 1927)