Statements about Deficit

According to a federal report, Obamacare will increase the long-term federal deficit by $6.2 trillion.

"Two days of interest we pay to China is enough to buy one joint strike fighter [jet]."

"The U.S. won't default, because default means that you don't pay your creditors. And it takes about 10 percent of the money that's coming in right now" to pay interest to bondholders.

Says the federal government borrows "almost $60 billion per week."

"There used to be 16 workers for every one person on Social Security. ... Now it’s three."

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