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"Let every man, every corporation, and especially let every village, town, and city, every county and State, get out of debt and keep out of debt. It is the debtor that is ruined by hard times."
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"I think we are not serious about attacking the long-term debt problem, and that's one of the things that he's going to have to find a way to get on the agenda."
Debt,

"First our pleasures die - and then our hopes, and then our fears - and when these are dead, the debt is due dust claims dust - and we die too."

"We can have tax cuts, but when we have tax cuts and do not have a surplus, the amount of the tax cut goes straight to the bottom line, adds to the deficit, and the deficit adds to the national debt, and sooner or later, the debt has to be paid."

"I would vote to increase the debt limit if there was a corresponding level of cuts. And if there was some serious talk about a balanced budget amendment, which we as governors always had to deal with."
Explore more quotes by Rutherford B. Hayes


"The unrestricted competition so commonly advocated does not leave us the survival of the fittest. The unscrupulous succeed best in accumulating wealth."


"The President of the United States should strive to be always mindful of the fact that he serves his party best who serves his country best."


"The progress of society is mainly the improvement in the condition of the workingmen of the world."


"I am less disposed to think of a West Point education as requisite for this business than I was at first. Good sense and energy are the qualities required."


"Universal suffrage should rest upon universal education. To this end, liberal and permanent provision should be made for the support of free schools by the State governments, and, if need be, supplemented by legitimate aid from national authority."


"To vote is like the payment of a debt, a duty never to be neglected, if its performance is possible."
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