No party has a monopoly on wisdom. No democracy works without compromise. But when Governor Romney and his allies in Congress tell us we can somehow lower our deficit by spending trillions more on new tax breaks for the wealthy - well you do the math. I refuse to go along with that. And as long as I'm President I never will.

Domestic travel and tourism-related spending has reached $1 trillion a year.

For the first half of geological time our ancestors were bacteria. Most creatures still are bacteria and each one of our trillions of cells is a colony of bacteria.

In December I agreed to extend the tax cuts for the wealthiest Americans because it was the only way I could prevent a tax hike on middle-class Americans. But we cannot afford $1 trillion worth of tax cuts for every millionaire and billionaire in our society. We can't afford it. And I refuse to renew them again.

I think my generation it's hard to have hope when you got a $700-trillion derivatives debt to pay and a bubble about to explode and $500 trillion worth of GDP.

In speech after speech on his health care plan the President has tried to convince us that what he is proposing will be good for America. But how can it be good for America if it raises taxes by a half trillion dollars and costs a trillion dollars or more to implement?

At least Obama was half-way honest about how much he was going to spend on health care. He had it at $600 billion. And the real number... is $1.2 trillion.

You bet every member of Congress who votes for this bill ought to read it read it thoroughly and understand that what we're looking at here amounts to nothing more than a government takeover of our health care economy paid for with nearly a trillion dollars in new taxes on individuals and small businesses. And it must be opposed.

President Obama's call for nearly a half-trillion dollars in more government stimulus when America has more than $14 trillion in debt is guided by his mistaken belief that we can spend our way to prosperity.

We have a government that borrows $4 billion a day. We have a government that owes trillions of dollars in debt half of that to foreigners most of that to Chinese investors. I don't - that is extreme. Not only is it extreme. It's insane and it's unsustainable.

President Obama has offered a plan with 4 trillion dollars in debt reduction over a decade with two and a half dollars of spending reductions for every one dollar of revenue increases and tight controls on future spending. It's the kind of balanced approach proposed by the bipartisan Simpson-Bowles commission.

We can't get to the $4 trillion in savings that we need by just cutting the 12 percent of the budget that pays for things like medical research and education funding and food inspectors and the weather service. And we can't just do it by making seniors pay more for Medicare.

After adding trillions to the debt on big-government policies most Americans didn't ask for and which we couldn't afford Democratic leaders say they need more money which they intend to take from small business even though small businesses create the majority of new jobs.

You know I always say white is not a colour white is an attitude and if you haven't got trillions of dollars in the bank that you don't need you can't be white.