When the federal government spends more each year ...

When the federal government spends more each year than it collects in tax revenues, it has three choices: It can raise taxes, print money, or borrow money. While these actions may benefit politicians, all three options are bad for average Americans.

-Ron Paul

Government Money

When the federal government spends more each year ... meanings

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When the federal government spends more each year ... quote in Urdu

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Frequently Asked Questions (FAQ)

Who said "When the federal government spends more each year ... "?

"When the federal government spends more each year ... " is one of a famous quotes by Ron Paul. Complete quote is as follows;
"When the federal government spends more each year than it collects in tax revenues, it has three choices: It can raise taxes, print money, or borrow money. While these actions may benefit politicians, all three options are bad for average Americans."

What is "When the federal government spends more each year ... "?

"When the federal government spends more each year than it collects in tax revenues, it has three choices: It can raise taxes, print money, or borrow money. While these actions may benefit politicians, all three options are bad for average Americans." This is a quote by Ron Paul which is about Government & Money. He is known to have been associated with numerous other thought provoking quotes on these topics like;

  • Non-disclosure in the Internet Age is quickly perceived as a breach of trust. Government, corporations and each of us as individuals must recalibrate how we live and share our lives appropriate to the information now available and the expectations of others.
  • After you're older, two things are possibly more important than any others: health and money.
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What does "When the federal government spends more each year ... " mean?

This quote is primarily about Money although it also includes other themes like Government & Money. It is attributed to Ron Paul. Complete quote is as follows;
"When the federal government spends more each year than it collects in tax revenues, it has three choices: It can raise taxes, print money, or borrow money. While these actions may benefit politicians, all three options are bad for average Americans."