Quote

The Republican argument that raising the debt ceiling encourages additional future spending is logically irresponsible. The debt ceiling has to be raised to authorize spending already approved by Congress. Despite that fallacy, the GOP has been able to score political points with its argument.

Eliot Spitzer

Change background

T
T
T

Change font

TAGS & TOPICS

Eliot Spitzer
Age: 65
Born: 1959
Born: June 10
Former Governor Of New York
Lawyer
Politician
New York City
New York
The Sheriff of Wall Street
Political
Debt
Encourages
Able
Spending
Additional
Congress
Approved
Authorize
Argument
Irresponsible
Gop
Raised
Raising
Logically
Republican
Score
Ceiling
Already
Points
Fallacy
Future
Despite
Ceilings

More quotes by Eliot Spitzer

Image
While their fiscal views aren't mine, the moderates are the last reasonable voice in the current Republican Party.
Eliot Spitzer
Image
I have disappointed and failed to live up to the standard I expected of myself.
Eliot Spitzer
Image
Don't reward bad behavior. It is one of the first rules of parenting. During the financial cataclysm of 2008, we said it differently. When we bailed out banks that had created their own misfortune, we called it a 'moral hazard,' because the bailout absolved the bank's bad acts and created an incentive for it to make the same bad loans again.
Eliot Spitzer
Image
Once again, the puppets on Capitol Hill are about to slam the Muppets on Main Street. The country still hasn't recovered from the Wall Street-induced financial cataclysm of 2008, yet Congress is preparing to enact the Orwellian 'JOBS Act' - a bill that should in fact be called the 'Return Fraud to Wall Street in One Easy Step Act.'
Eliot Spitzer
Image
The pace of global warming is accelerating and the scale of the impact is devastating. The time for action is limited - we are approaching a tipping point beyond which the opportunity to reverse the damage of CO2 emissions will disappear.
Eliot Spitzer
Image
I would say to those who don't like the metaphor This is reality.
Eliot Spitzer
Image
It's not Big Brother that we now have to be afraid of, but Big Browser.
Eliot Spitzer
Image
President Obama is doing the right thing by offering young immigrants, most often in this country through no action of their own, a chance to live and work openly, free from the fear of deportation.
Eliot Spitzer
Image
The irony is that it was tougher to rent a car from Cerberus when it owned Alamo than to buy a semi-automatic. To rent a car, one had to provide ID, a drivers' license, and get insurance coverage. To buy a gun? Cash and carry, from the back of a station wagon at a gun show. No concerns about downstream liability or risk.
Eliot Spitzer
Image
Our criminal justice system is fallible. We know it, even though we don't like to admit it. It is fallible despite the best efforts of most within it to do justice. And this fallibility is, at the end of the day, the most compelling, persuasive, and winning argument against a death penalty.
Eliot Spitzer
Image
It sucks. I used to be governor of New York.
Eliot Spitzer
Image
When you're in office, there are tangible moments when you can see tangible successes.
Eliot Spitzer
Image
Global warming threatens our health, our economy, our natural resources, and our children's future. It is clear we must act.
Eliot Spitzer
Image
From those to whom much is given, much is expected. I have been given much: the love of my family, the faith and trust of the people of New York, and the chance to lead this state. I am deeply sorry that I did not live up to what was expected of me.
Eliot Spitzer
Image
Yes, people pull the trigger - but guns are the instrument of death. Gun control is necessary, and delay means more death and horror.
Eliot Spitzer
Image
I apologize to the public, whom I promised better.
Eliot Spitzer
Image
My career was obviously cut shorter than I wanted it to be.
Eliot Spitzer
Image
Public speaking? I speak to myself on the street!
Eliot Spitzer
Image
We are all used to paying a sales tax when we buy things - almost 9 percent here in New York City. The application of this concept to the financial sector could solve our need for revenue, bring some sanity back into the financial sector, and give us a way to raise the revenue we need to run the government in a fiscally responsible way.
Eliot Spitzer
Image
Any reasonable economist will tell you that it's nearly impossible to isolate the impact of right-to-work laws on a state's job growth. A multitude of other factors intervene. However, one thing the numbers can show is that right-to-work laws have a negative effect on the wages of workers in that state.
Eliot Spitzer