"In his first years in the White House, Mr. Roosevelt apologized for each annual deficit. Each new budget message expl…"

"Nothing is so well calculated to produce a death-like torpor in the country as an extended system of taxation and a g…"

"All debts contracted and engagements entered into, before the adoption of this Constitution, shall be as valid agains…"

"The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pens…"

"Indeed, the CBO numbers are ominous, as they outline the likely path of debt and deficits. The watchdog agency estima…"

"Solvency is maintained by means of a national debt, on the principle, "If you will not lend me the money, how can I p…"

"Nations have recently been led to borrow billions for war; no nation has ever borrowed largely for education. Probabl…"

"I have long argued that paying down the national debt is beneficial for the economy: it keeps interest rates lower th…"

"A national debt, if it is not excessive, will be to us a national blessing."

"The consequences arising from the continual accumulation of public debts in other countries ought to admonish us to b…"