June 19, 2013

Who Said That?

Florida's quote of the day

| 10/4/2012

"I remember when a trillion dollars was a lot of money."

-- Raymond James Financial CEO Paul Reilly

The CEO of the largest regional brokerage beyond Wall Street says he gladly gave President Barack Obama his vote in 2008. But now he's going to support Mitt Romney after four years of the country making little progress on important fiscal issues.

The first of three Obama vs. Romney debates Wednesday night seems unlikely to change Reilly's stance.

"I remember when a trillion dollars was a lot of money," Raymond James Financial CEO Paul Reilly told the Suncoast Tiger Bay Club. Tackling the country's national debt and huge budget deficit will take the new president and both sides of Congress to work together.

Is that even possible?

"One extreme says we can't raise taxes. The other extreme says we can't cut spending," Reilly said. "Nonsense. We must do both."

Read more at the Tampa Bay Times.

Florida Business News

Florida Trend Video Pick

Brevard County shoots for the stars with new logo
Brevard County shoots for the stars with new logo

Brevard County government is looking to bring its brand into the 21st century with a new logo it will roll out on vehicles and workers’ apparel, starting this summer.

Earlier Videos

Ballot Box

Florida Democrats are saying Gov. Rick Scott will be easy to beat in 2014. Do you agree with that statement?

  • Yes
  • No

See Results

Ballot Box
Register