Statements about Debt
"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."
"The national debt is on track to double during Obama’s presidency."
Says the U.S. national debt has tripled during Rep. Greg Walden’s time in Congress.
Says Alex Sink supported "a $5.2 billion increase in Florida's debt."
Under President George W. Bush, "we added $4.9 trillion to the debt. Under President Obama … we’ve added $6.5 trillion to the debt."
"Woodrow Wilson borrowed $30 billion to fund World War I in 1917. That money has not been paid back. And we are still paying interest on it."
Says under President Barack Obama, the debt increased by 23 percent, which was less than under any president going back to Ronald Reagan.
"We went from $160 billion deficit spending in (President George W.) Bush's last year to $1.6 trillion the following year."
The federal government "has $3 trillion in cash flow, so we can pay our bills" and won’t default.
A congressional laundry closed due to the partial government shutdown.
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