"We must take away the government's credit card. With limits on both tax revenue and borrowing, the Federal government would finally be forced to get serious about spending cuts"
About this Quote
The intent is strategic: shift the debate away from what government purchases actually are (wars, retirement benefits, disaster relief, infrastructure) and toward the character of the purchaser. Once you accept the metaphor, spending cuts become less a choice among competing public priorities and more a corrective punishment for misbehavior. It’s also a preemptive strike against the common political escape hatch: borrowing to postpone pain. Keyes wants to close off that option so elected officials can’t buy time, spread costs across future taxpayers, or avoid angering today’s voters.
The subtext is where the politics live. “Limits on both tax revenue and borrowing” sounds evenhanded, but it rigs the playing field: if revenue is capped and borrowing is constrained, the only remaining lever is shrinking programs. That’s not just austerity; it’s a constitutionalized preference for a smaller federal government, achieved not through persuading voters program by program, but through tightening the fiscal noose until cuts become inevitable. Contextually, it fits a late-20th/early-21st century conservative project: turn budget politics into a test of virtue, and make government incapacity look like principled restraint.
Quote Details
| Topic | Money |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Keyes, Alan. (2026, January 17). We must take away the government's credit card. With limits on both tax revenue and borrowing, the Federal government would finally be forced to get serious about spending cuts. FixQuotes. https://fixquotes.com/quotes/we-must-take-away-the-governments-credit-card-34740/
Chicago Style
Keyes, Alan. "We must take away the government's credit card. With limits on both tax revenue and borrowing, the Federal government would finally be forced to get serious about spending cuts." FixQuotes. January 17, 2026. https://fixquotes.com/quotes/we-must-take-away-the-governments-credit-card-34740/.
MLA Style (9th ed.)
"We must take away the government's credit card. With limits on both tax revenue and borrowing, the Federal government would finally be forced to get serious about spending cuts." FixQuotes, 17 Jan. 2026, https://fixquotes.com/quotes/we-must-take-away-the-governments-credit-card-34740/. Accessed 5 Feb. 2026.




