Fiscal Quotations

I know there's a great deal that Arnold Schwarzenegger could teach me about making movies. There's a great deal I could teach him about the fiscal reforms that are needed - desperately needed - to set California back in good order.

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.

In the light of the actual fighting that is now in progress, we have reached the point where the military considerations clearly outweigh the fiscal considerations.

Fiscal decentralisation does not lead to higher economic growth because economic growth is much more driven by factors other than taxes and spending, e.g. increases in technological progress and improved human capital.

My background in financial services and my experience as a state representative have given me the ability to identify our country's fiscal problems and find steps to remedy them.

We want to set a tone going into our fiscal year that starts Feb. 1, that Wal-Mart Stores is going to be aggressive in taking care of customers, taking care of our associates, communications and merchandising.

Gradual fiscal consolidation may also be stimulative in the short run.

We in Scotland need fiscal responsibility. Quite simply, we need to be responsible for what we raise in tax and what we spend in tax.

It is critical that Democratic candidates, whether they are in New Jersey, or Virginia, or anywhere, emphasize the fact that we can be trusted, and can bring fiscal integrity to our state, local, and national government.

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.

Because of my upbringing, I believe in things like limited government, fiscal responsibility and personal accountability. I believe in the wisdom of our founders and the sanctity of our Constitution.

We can't continue to kick the can when it comes to the fiscal state of this country.

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.

There is a big divergence between views on a variety of policy issues from fiscal stimulus to financial regulation. It's my hope and my ambition for the economics profession that as we advance our knowledge, that those discussions will narrow in their focus, and that it will help to have more prudent policy-making down the road.

The moment a large investor doesn't believe a government will pay back its debt when it says it will, a crisis of confidence could develop. Investors have scant patience for the years of good governance - politically fraught fiscal restructuring, austerity and debt rescheduling - it takes to defuse a sovereign-debt crisis.

Aggregate aid is to the Ethiopian economy what Obama's fiscal stimulus was to the American economy: minus these injections, both economies would suffer catastrophically. The theatrical blustering of the Ethiopian government notwithstanding, donor countries have a make-or-break power over the Ethiopia's prosperity.

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.

It's time for the sensible center to rise up and push for a rational approach to our fiscal challenges.

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.

Veterans are driven by the same frustrations that the public has with what is happening in Washington... the fiscal irresponsibility and the financial crisis that our country is facing.

As a fiscal conservative, I believe one of the most important roles the federal government can play in assuring that our economy remains strong is to keep our fiscal house in order.

It's clear that the medium and long-run fiscal challenges facing the country have to do with the rise of entitlement spending, they have to do with the longer run imbalances that we've created in the structure of the system.

I've criticized Republicans for their lack of fiscal discipline when they controlled Congress before 2007. However, that is no excuse to just continue with more of the same or, as the case is now, to make it worse. Under House Speaker Nancy Pelosi's budget, we will double the national debt in five years and triple it in 10.

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.

Berlin has traditionally backed a rules-based eurozone in which every member state is responsible for its own finances, including bank bailouts, with political union limited to a fiscal overlord's possessing veto power over national budgets that violate the rules.

That means following a very restrictive fiscal and monetary policy which will squeeze the monopolies and cut their subsidies. On the micro level we will allow other economic agents, both domestic and foreign, to compete with them.

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 think growing an economy is a good way to help with a deficit, but ultimately, it's about fiscal discipline and responsible spending - and smart decisions.

I would like to see this group in this Congress be starting the process to get ourselves on long term fiscal strong footing.

Especially today, given the tight fiscal situation that many States and localities face, the use of transportation facilities that pay for themselves without additional Federal funding is essential.

Whether you're managing the finances for a household of one, a business of a thousand, or a government of several hundred million, there's no more important statement of fiscal intent you can make than putting together a responsible budget - one that acknowledges its available means, and makes a reasonable attempt to live within them.

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.

You have to separate what needs to be done to avoid the fiscal cliff and what needs to be done longer range. It's a mistake to essentially collapse those two - they're not the same. I don't think you can achieve everything at once.

We are out-of-the-gates strong in fiscal 2015. We grew revenue 8% in the first quarter and exceeded our QuickBooks Online subscriber and our company financial targets.

Fiscal crises often turn into financial crises, dealing a blow to the real economy.

The tea party movement and its passion arose in response to trillion dollar deficits as far as the eye can see and out of a sense that Washington is in need of dire fiscal reform.

Chancellor Angela Merkel and Wolfgang Schaeuble, her finance minister, are right to oppose fiscal and bank unions without political union.

Nigeria, with the oil sector, had the reputation of being corrupt and not managing its own public finances well. So what did we try to do? We introduced a fiscal rule that de-linked our budget from the oil price.

First of all, I don't like to speak about austerity. I'd prefer to speak of fiscal discipline. Fiscal discipline, in the end, amounts to austerity if it is not accompanied by other policies.

Arizona is in the midst of a fiscal crisis. We've cut school funding. And they pass a bill questioning Obama's citizenship? For real?

The clearest way to cut some of this fiscal drag would be to extend the current payroll tax holiday and increase it - as proposed by President Barack Obama. This would cut the fiscal drag by almost half.

But in this Congress, accountability is just a catch phrase, usually directed elsewhere. Demands to personal responsibility or corporate accountability abound, but rarely congressional accountability or fiscal responsibility.

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.

The Republican Party is either going to return to the party of fiscal responsibility and consistent conservative principles as it was under Ronald Reagan, or it will continue down the path of 'sporadic moderation.'

When Texans suffered from the collapse of the oil market in the 1980s, they could rely on the fiscal union to help them. When Texas boomed with rising oil prices in the 2000s, it contributed to the union to help harder hit regions.

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.

The economic costs, the financial costs, the job losses, the income losses, the fiscal costs of bailing out financial system are becoming larger and larger.

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.

Aging bodies are fiscal black holes into which you can pour endless amounts of money.

If the fiscal cliff occurs, I don't think the Federal Reserve has the tools to offset that event.

If the Republican Party continues to take the view that there must be no tax increases, we're stuck. Capitalism can't work without safety nets or fiscal prudence, and we need both in a sustainable balance.

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.

Not having insurance not only destroys your life, it destroys your fiscal life. It breaks up marriages. You cannot functions anywhere unless you have good health.

The failure of Lehman Brothers demonstrated that liquidity provision by the Federal Reserve would not be sufficient to stop the crisis; substantial fiscal resources were necessary.

Much fiscal policy is implemented, not through spending increases, but through tax credits and other so-called tax expenditures. The markets should respond to them as they do spending cuts, with little contraction in economic activity.

Donors, like voters, increasingly expect candidates to exercise fiscal discipline.

If we're going to win in 2016, we need a consistent conservative: someone who has been a fiscal conservative, a social conservative, a national security conservative.

We applaud the courageous person that made this referral, and congratulate our investigators and fiscal managers that have worked hundreds of hours investigating this case. We mean business when we say we are going to clean up programs and run a tighter ship. We will urge prosecution to the full extent of the law for those who abuse the system and misuse public resources taking them away from those who need them most. This agency is on course to reform its operations; those that are defrauding DSS may want to consider coming forward of their own accord.

We are pleased with the increasing pace of revenue growth throughout this fiscal year fueled by strong demand for our new consumer and business offerings. We are now accelerating our investments in the business to drive future growth, which is reflected in our financial guidance. We believe next fiscal year will deliver even stronger double-digit revenue growth than this year.

We are pleased with the financial performance and operational improvements that are demonstrated by our first quarter financial results, ... Our eighth consecutive quarter of double-digit sequential revenue growth and net earnings in the quarter of $2.8 million reflect a continuation of the momentum that was generated last fiscal year and put the company on pace to achieving our annual guidance.

We are pleased with the continued improvement in the core business this quarter. Our growth businesses of Linux, Identity and Resource Management are performing well, and we believe we will continue to see growth throughout the fiscal year.

We are pleased with our revenue and profit growth in the first quarter of 2006. Our US and Canadian distribution teams performed well and built on the momentum they generated in the second half of fiscal 2005. We look forward to further executing on our fiscal 2006 goals throughout the balance of the year.

We are pleased to open five new stores in April as a part of our planned 14 to 16 new stores this fiscal year. We look forward to continuing to bring Golf Galaxy's unique interactive store concept to so many new markets and to continuing our expansion into the greater New York metropolitan area.

We are pleased to have achieved our financial objectives for the fourth quarter and fiscal year. We look forward to carrying the strong momentum generated throughout 2005 into our next fiscal year.

We are pleased to be able to report that the operating loss in the first quarter narrowed significantly over the previous quarter. This reflects a reduction in selling and administrative expenses due to cost savings measures that we have implemented since the fiscal year began. With further cost-savings still to take effect and with a significant increase in new order intake since Dec. 31, we foresee much stronger operating results for the balance of 2006.

We are maintaining our neutral opinion on PPC (No. 2 U.S. poultry producer Pilgrim's Pride Inc.) following the company's comments this morning that it no longer expects to meet its previously announced earnings expectations for either F2006 (ends Sept) or the F2Q. We are reducing our F2006 estimate to $1.20 from $2.20 and are also now estimating a fiscal 2Q loss of $0.30 per share, down from earnings of $0.30 per share.

We are seeing a huge increase in all import bills. Some of them are beginning to feel pressure on the external balance of payments. Fiscal strains in India, Indonesia, Bangladesh are particularly huge.

We are seeing a different environment and performance in the second half of the fiscal year compared to the first half, ... Some of the issues that negatively impacted our third quarter will continue to impact the remainder of our fiscal year. We, like many other companies, are watching the effect of a softening economy on our business.

We are at crisis point. I think anybody that sees this nation as being on stable economic or fiscal ground is fooling themselves.

We're in a fiscal crisis if you look at it with long-term eyes. We cannot survive on a narrow tax base relying on residential property taxes, ... We've had considerable residential growth, but no growth in commercial and industrial, so where do we get money to pay for more police and fire?

When you think of all the fiscal and monetary stimulus we've had, we should have the economy growing at 5 or 6 percent. The fact that we're not is the story.

Until we get some sort of clear-cut message about where we're going in terms of the conflict with Iraq, the economic slowdown and corporate profits, fiscal policy, and everything else, we're going to keep seeing this kind of action.

We believe that demand will remain buoyant in fiscal 2007 due to increased IT spending by organizations.

Whether one agreed with him or not, for anyone who values the independence of the Fed, it is important that the chair of the Fed maintain some distance from fiscal policy debates.

We've always had a focus as a company on bottom line and fiscal responsibility, ... And I think especially now in the days of Internet consolidation and I think more of a discriminating investor, it pays off very well for us.

We remain on track to deliver earnings per share growth for the 2006 fiscal year which equals or exceeds the average of our peers.

We remain focused on building on the momentum in all of our businesses to produce strong quarterly results, and I am confident that we will meet our growth targets for this fiscal year.

We remain confident that our continued strategic focus on profitable branded growth will positively impact fiscal 2007 and beyond.

What we're looking for is someone with a combination of fiscal awareness and educational vision. We're looking for someone who, first and foremost, is going to be a good manager for what is essentially a $50 million business that is providing for the education of an entire generation.

We were supporting schools that were not doing well at all. This has helped a great deal. We are committed to educating these students, and we must have fiscal stability and viability to do so.

We grew earnings per diluted share by 85 percent in the first quarter of fiscal 2006, so it represents the most difficult earnings comparison for the coming year.

We believe today's announcement sets the stage for further share gains by Apple. Our estimates suggest that each point of share Apple takes in the overall personal computer (PC) market translates into a positive 25 cents per share to our fiscal year estimates.

What's lacking is confidence, so businesses aren't spending the money they have, ... That's why I don't necessarily think it takes a huge fiscal stimulus package to get the economy moving.

Unfortunately, it appears that most funds use a June 30 fiscal year. So what they're doing is comparing our figures with people who took advantage of the next two quarters that had very good investment returns,

We have asked the people in the diocese to contact the governor's office, state senators (and) Assembly members to voice their objection to the legislation, both on moral and fiscal grounds.

We were billed at the end of the last fiscal year, and I've toyed with this for quite some time. I've just need to get direction from the board to see if you all see something I don't.

We want to start outsourcing within this fiscal year.

We'll be happy if we get $10,000 to 12,000 (at the fund-raiser). Then, we'll be all right throughout our fiscal year, which is April 1.

We are also resetting our revenue target for fiscal year 2001 to the $7.5 to $8 billion range and our target for EPS to the $1.10 to $1.25 range.

The Reform Fund was designed to help the PA deliver essential public services under fiscal duress, while it continues to stabilize its public finances and advance fiscal reforms .

Therefore, for efficiency and fiscal responsibility, DPS should reduce its facility inventory. A reasonable beginning would be 10 to 12 schools.

The reduction in the amount of the special bonds and the budgeted deficits suggest the country plans to speed up withdrawing from the proactive fiscal policy.

We also think that the PC market could see growth in the low single digits for fiscal 2003 compared to the low single digit declines we are expecting to see for our full-year fiscal-year with 2002,

We really focus on how we drive the entire year. We've increased our guidance overall for our fiscal year '05 from $1.27 billion to $1.31 billion.

We really focus on how we drive the entire year, ... We've increased our guidance overall for our fiscal year '05 from $1.27 billion to $1.31 billion.

We have repeatedly called on the government to raise the basic personal exemption. We believe that is not only good fiscal policy but good public policy. It's a tax break for everybody.

There is a lot of extra fiscal stimulus moving into the economy from the storm relief.

This really is a continuation of the process, ... This is a very smart fiscal move.

This quarter's results, a robust innovation pipeline, and good progress on the Gillette integration, give us the confidence to raise the earnings outlook for the fiscal year.

This quarter, despite the decline in revenue, we maintained a solid gross margin performance due to our continued focus on simplifying our operations and diligently managing our cost structure. Based on the review of our expectations for fiscal 2006 and ongoing interactions with our customers, we are confident that our revenue performance will be much stronger for the remainder of the year.