“All these actions will require sacrifice on the part of every one of us if we are to get over this dangerous period without intolerable risk. The simplest form of this sacrifice would be the payment of more taxes to support a larger defense budget. It is difficult to estimate how much money will be required to close the gap of our inferiority at the maximum possible rate, but I would suggest that we are talking in terms of a budget between $50 and $55 billion a year for the next five years. Once the gap is closed, subsequent budgets will not need be so high. This requirement for a bigger budget will exist regardless of any transitory shift in Soviet attitude and behavior. There is no living with communism as an inferior.”

Source: The Uncertain Trumpet (1960), p. 178-179

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "All these actions will require sacrifice on the part of every one of us if we are to get over this dangerous period wit…" by Maxwell D. Taylor?

Maxwell D. Taylor41

United States general 1901–1987

Related quotes

“Such budget deficits are unsustainable. We must put a stop to smuggling - estimated by foreign institutions to be as much as $10 billion (as P480 billion) a year. The uncollected VAT alone would be over P50 billion.”

Francis Escudero (1969) Filipino politician

2009, Speech: The Socio-Economic Peace Program of Senator Francis Escudero

“So that as I tried to say in my speech, we are not faced with the question of balancing our budget, or having a tax reduction. I believe we are faced with the fact that we are going to have a deficit mostly because of the sharp rise in the recent years in space and defense, and to increase our taxes sufficient to bring that budget into balance would be defeating, because of course it would provide a heavy deflationary effect on our economy, and move us into a recession at an accelerated rate.”

John F. Kennedy (1917–1963) 35th president of the United States of America

Source: 1962, Address and Question and Answer Period at the Economic Club of New York

“It would be impossible to reach unanimity on every aspect of our budget, but it's clear there is widespread support for the concept of change. We face a choice between either cutting waste out of government, or facing a new job killing tax increase every year from here on out.”

Mitt Romney (1947) American businessman and politician

Press release, 2003-02-27 http://myclob.pbwiki.com/02-27-2003 <br class="br">2003–2007 Governor of Massachusetts

“We are clear about what must be done--and we intend to do it. I want to talk frankly with you tonight about the first steps that we shall take. These actions will require sacrifice on the part of many of our citizens. More will be required in the future. They will require, from all of us, courage and perseverance in the years to come. But if we and our allies act out of strength and unity of purpose--with calm determination and steady nerves--using restraint in our words as well as our weapons--I am hopeful that both peace and freedom will be sustained.”

John F. Kennedy (1917–1963) 35th president of the United States of America

1961, Berlin Crisis speech

“As one of our colleagues recently put it, this Republican pledge of no new taxes is pure Bushlips. It's Bushlips when the president says 'No new taxes' and sends a budget requiring the Finance Committee to raise $20 billion in new revenues: $15 billion in taxes and $5 billion in user fees.”

Lloyd Bentsen (1921–2006) American politician

quoted in [24 March 1990, Paul, Taylor, Democratic Leaders Talk Tough on Taxes;President's Promise Not to Impose New Levies Is 'Pure Bushlips,' Sen. Bentsen Declares, The Washington Post, 0190-8286, A6, http://pqasb.pqarchiver.com/washingtonpost/access/72577580.html?FMT=ABS&FMTS=ABS:FT&date=Mar+24%2C+1990&author=Paul+Taylor&pub=The+Washington+Post+(pre-1997+Fulltext)&edition=&startpage=a.06&desc=Democratic+Leaders+Talk+Tough+on+Taxes%3BPresident%27s+Promise+Not+to+Impose+New+Levies+Is+%60Pure+Bushlips%2C%27+Sen.+Bentsen+Declares]
alluding to George H. W. Bush's pledge “Read my lips: no new taxes” while accepting the presidential nomination at the 1988 Republican National Convention

“...one thing is certain, that the Budget of next year will stand at the very centre of our work, by which, I was going to say, we shall stand or fall, by which certainly we shall be judged in the estimation both of the present and of posterity.”

H. H. Asquith (1852–1928) Former Prime Minister of the United Kingdom

Speech to the National Liberal Club (11 December 1908), quoted in The Times (12 December 1908), p. 10
Prime Minister

“Good morning. This coming week I will be making the trip up Pennsylvania Avenue to address a joint session of Congress. We have some business to attend to called the budget of the United States. The federal budget is a document about the size of a big city phone book, and about as hard to read from cover to cover. The blueprint I submit this week contains many numbers, but there is one that probably counts more than any other – $5.6 trillion. That is the surplus the federal government expects to collect over the next 10 years; money left over after we have met our obligations to Social Security, Medicare, health care, education, defense and other priorities. The plan I submit will fund our highest national priorities. Education gets the biggest percentage increase of any department in our federal government. We won't just spend more money on schools and education, we will spend it responsibly. We'll give states more freedom to decide what works. And as we give more to our schools we're going to expect more in return by requiring states and local jurisdictions to test every year. How else can we know whether schools are teaching and children are learning? Social Security and Medicare will get every dollar they need to meet their commitments. And every dollar of Social Security and Medicare tax revenue will be reserved for Social Security and Medicare.”

George W. Bush (1946) 43rd President of the United States

2000s, 2001, Radio Address to the Nation (February 2001)

“How much does that guy make a year? It would be to our advantage if we paid him off for five years to get away from us in the rest of this series.”

Bill Russell (1934) American professional basketball player and coach

Hall-of-Fame player Dolph Schayes<br><br> http://www.nba.com/encyclopedia/players/bill_russell.html

“EU countries lose approximately €1,000 billion with tax avoidance. If Finland would receive of this €1,000 billion 1 % in relation to its population in the EU, it would be €10 billion. The famous deficit would be fixed up. If tax avaidance is not restricted we continue to have deficits and budget cuts.”

Satu Hassi (1951) Finnish politician and MEP

Variant: EU countries lose approximately €1,000 billion with tax avoidance. If Finland would receive of this €1,000 billion 1 % in relation to its population in the EU, it would be €10 billion. The famous deficit would be fixed up. If tax avaidance is not restricted we continue to have deficits and budget cuts.
Source: Satu Hassi: Veronkierto vai hyvinvointivaltio, Voima 10/213 In Finnish: EU-maiden arvioidaan menettävän veronkierron vuoksi 1000 miljardia euroa. - Jos Suomi saisi tuosta 1000 mrd eurosta prosentin, eli väestöosuutemme EU:ssa, se olisi 10 mrd. euroa. Kuuluisa kestävyysvaje olisi hoidettu. Ellei veronkiertoa suitsija, vajeista ja budjettileikkauksista päästä eroon.

“Protocols:
supplementary budget, and all this ends up in accordance with the sum of the total addition, the annual departure from the normal reaches up as much as 50 percent in a year, and so the annual budget is trebled in ten years….
Every kind of loan proves infirmity in the State and a want of understanding of the rights of the State. Loans hang like a sword of Damocles over the heads of rulers, who, instead of taking from their subects by a temporary tax, come begging with outstretched palm of our bankers…the Goy states go on in persisting in putting more on to themselves to that they must inevitably perish, drained by voluntary blood-letting.
Graves: Their interest calculations are the same to support the financial dangers of loans!”

Will Eisner (1917–2005) American cartoonist

Source: The Plot: The Secret Story of the Protocols of the Elders of Zion (10/2/2005), p.84

Help us to complete the source, original and additional information

Maxwell D. Taylor41

Related quotes

Related topics