Statements about Debt

The Senate proposal to restore emergency unemployment benefits for five months was "fully paid for."

"Right now, America has $1.1 trillion of student debt. That’s more than credit card debt."

"This generation, on average, is starting their careers, if they’ve been to a four-year college, with just under $30,000 in debt."

Says he never wanted to raise the debt ceiling.

I turned "a $110 million deficit into a $1.6 million surplus for our city."

"In Rhode Island today, 25 percent of our households either don't have a bank account at all, or they have a bank account and they're still relying on high-cost financial services like payday loans, pawn shop check cashing and so on."

"Ralph Hall has never voted to raise the debt ceiling."

"A child born in America today will inherit $1.5 million in debt the moment they're placed in their mother's arms."

With his proposal to cut income and property taxes, Scott Walker is "increasing the state deficit at a time when borrowing is already at record levels."  

"It isn't me cutting the budget. It's the Congress' decision on sequestration. So it isn't secretary of defense or the president doing this."

Under current policies, "we're going to reduce the overall debt of the United States by $3 trillion over the next 10 years."

Mark Warner voted for "nearly $1 trillion in new taxes and $7 trillion in new debt."

"We see a quarter-billion dollars in a pension fund that needs to be funded at $1.2 billion."

The town of Cumberland has "its highest bond rating in history."

"John Cornyn has voted to increase the debt, raise taxes, bail out Wall Street banks and fund Obamacare."

"At present spending levels, only citizens of New York have a greater local debt burden than Texans."

"The state budget has actually grown by $4.6 billion under" Gov. Scott Walker’s actions.

"The reason we have a national debt is not because of defense spending. What is driving our long-term debt are Medicare and Social Security programs."

"Our national debt is as low as it has been since World War II."

Under Obama, the national debt "has been reduced every year for the last five years."

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