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Wealth & Money Quote by Carly Fiorina

"I think we ought to ban earmarks. I think we ought to give citizens the opportunity to designate up to 10 percent of their federal income tax toward debt reduction. If we did that, we would reduce our debt by $95 billion a year"

About this Quote

It’s a technocrat’s populism: take away Congress’s candy jar (“ban earmarks”) and hand the spoon to taxpayers, who get to feel like debt hawks without actually changing their overall tax bill. Fiorina’s specific intent is twofold. First, she signals seriousness and discipline by targeting a Beltway villain that polls well. Second, she offers a consumer-friendly “choice” mechanism that borrows the logic of the marketplace: let individuals allocate resources, and the system will behave better.

The subtext is a quiet indictment of representative government. Earmarks aren’t just waste, in this framing; they’re evidence that politicians can’t be trusted with discretion. The proposed fix isn’t structural budgeting reform or new revenue. It’s a permission slip for citizens to “opt in” to virtue. That’s classic corporate-era politics: turn a collective fiscal problem into an individual preference, like selecting a 401(k) fund.

The $95 billion figure functions as a credibility prop and a sales pitch. It’s big enough to sound transformative, precise enough to sound engineered. But the rhetorical trick is that it treats debt reduction as a product feature citizens can toggle on, rather than the outcome of hard trade-offs between spending priorities, taxes, and economic cycles. The plan also smuggles in an emotional payoff: moral satisfaction. You don’t have to win a budget fight; you just click “debt.”

Context matters: post-2008 debt anxiety, Tea Party-era anti-Washington sentiment, and a business leader’s brand promise that management can replace mess. The line doesn’t just argue policy; it auditions Fiorina as the CEO who will let the “customers” fix the balance sheet.

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APA Style (7th ed.)
Fiorina, Carly. (n.d.). I think we ought to ban earmarks. I think we ought to give citizens the opportunity to designate up to 10 percent of their federal income tax toward debt reduction. If we did that, we would reduce our debt by $95 billion a year. FixQuotes. https://fixquotes.com/quotes/i-think-we-ought-to-ban-earmarks-i-think-we-ought-59612/

Chicago Style
Fiorina, Carly. "I think we ought to ban earmarks. I think we ought to give citizens the opportunity to designate up to 10 percent of their federal income tax toward debt reduction. If we did that, we would reduce our debt by $95 billion a year." FixQuotes. Accessed February 3, 2026. https://fixquotes.com/quotes/i-think-we-ought-to-ban-earmarks-i-think-we-ought-59612/.

MLA Style (9th ed.)
"I think we ought to ban earmarks. I think we ought to give citizens the opportunity to designate up to 10 percent of their federal income tax toward debt reduction. If we did that, we would reduce our debt by $95 billion a year." FixQuotes, https://fixquotes.com/quotes/i-think-we-ought-to-ban-earmarks-i-think-we-ought-59612/. Accessed 3 Feb. 2026.

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Ban earmarks and let citizens direct taxes to debt, says Carly Fiorina
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Carly Fiorina (born September 6, 1954) is a Businessman from USA.

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