John C. Calhoun

It is admitted on all sides that we must equalize the revenue and expenditures. The scheme of borrowing to make up an increasing deficit must, in the end, if continued, prove ruinous.
It is admitted on all sides that we must equalize the revenue and expenditures. The scheme of borrowing to make up an increasing deficit must, in the end, if continued, prove ruinous.
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These are some quotes by American author John C. Calhoun Statesman, who lived between March 18, 1782 and March 31, 1850.