"I am a deficit hawk"

The expression "I am a deficit hawk" was used by previous Vice President Dick Cheney in the early 2000s to describe his fiscal policy. It indicates that he was an advocate of decreasing the federal budget deficit, which is the distinction in between the federal government's costs and income. Cheney believed that lowering the deficit was vital to keeping a strong economy and preventing a monetary crisis. He was an advocate of cutting government costs and increasing taxes to lower the deficit. He likewise thought that decreasing the deficit would assist to lower inflation and rate of interest. Cheney's fiscal policies were controversial, however his commitment to lowering the deficit was unwavering. He was a strong advocate for financial obligation and believed that reducing the deficit was essential for economic development.