Maya MacGuineas
ON THE RECORD · 7 verbatim quotes · every quote source-verified
“Jumping to America's 250th year, we are spending more than that just on interest payments on our debt.”
Maya MacGuineas · said date not stated · reported 2026-08-20
MacGuineas compared today's interest payments to the historic $1tn debt milestone.
“finds its way to the pocketbooks of people one way or another,”
Maya MacGuineas · said date not stated · reported 2026-08-20
MacGuineas said the impact of the national debt ultimately reaches ordinary consumers.
“At that time, President [Ronald] Reagan told the nation in a televised address, 'If we as a nation needed a warning, let that be it',”
Maya MacGuineas · said date not stated · reported 2026-08-20
MacGuineas recounted President Reagan's 1981 televised warning after US debt first reached $1tn.
“For perspective, it took nearly 200 years for America’s gross debt to reach $1 trillion for the first time in 1981,”
Maya MacGuineas · said date not stated · reported 2026-08-19
MacGuineas commented on the milestone of US debt reaching $40tn in a statement.
“$40 trillion of debt doesn’t exist solely on the government’s ledgers; it is felt throughout the economy and finds its way to the pocketbooks of people one way or another. The more we borrow, the more we exacerbate inflation, squeeze out other priorities in the budget, and leave ourselves vulnerable to emergencies at home and turmoil abroad.”
Maya MacGuineas · said date not stated · reported 2026-08-19
MacGuineas warned about the broader economic effects of the $40tn debt milestone in a statement.
“With interest costs, the reconciliation bill could add more than $100 billion to the debt over the next decade,”
Maya MacGuineas · said date not stated · reported 2026-07-15
Maya MacGuineas, president of the Committee for a Responsible Federal Budget, said the reconciliation bill could add more than $100 billion to the debt over the next decade.
“To require no offsets in this budget is baffling.”
Maya MacGuineas · said date not stated · reported 2026-07-15
Maya MacGuineas said she found the lack of offsets in the budget baffling.