Statements about Debt
"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.
"The amount of interest" paid on the federal debt exceeds "total tax revenue."
Because of Gov. Scott Walker’s budgeting, a greater percentage of general fund tax dollars is "going to pay off debt than ever before in our history."
"I’ve got the spending down, I’ve got the debt down a little bit, I’ve got the reserves up."
On average, college students "are taking six years to get a four-year degree."
Says "in Oregon today, the average debt upon college graduation is more than $24,000."
"The Congressional Budget Office, a nonpartisan office, did an analysis and said that passing comprehensive immigration reform will reduce the federal deficit by $200 billion over the next decade."
"The U.S. Postal Service doesn’t run on your tax dollars. It’s funded solely by stamps and postage."
Economic Development Commission Executive Director Keith Stokes "sent me a letter and he said the taxpayers will never be on the hook for these bonds" for 38 Studios.
"Barbara Buono by the numbers: As a Trenton politician, she voted to raise taxes 154 times. Under her, property taxes up 70 percent. Backed a 16 percent sales tax increase. Utilities, nursing homes, cell phones, parking lots, lottery wins, gyms – She taxed them all. Architect of Corzine’s budget, she drove New Jersey $2 billion into debt. Barbara Buono by the numbers: taking New Jersey backwards."
"The average student comes out of college hundreds of thousands of dollars in debt."
"Jon Corzine, elected governor. Teams up with Barbara Buono. $1.2 billion sales tax increase? Passed. Most spending in state history? Passed. After Buono named budget chair, taxes and fees increase 23 times in just two years. State debt? Up $13.4 billion. Unemployment? Doubled."
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