Statements about Debt
Says "If Oregon’s Legislature simply authorizes $450 million for the CRC, it will … leave Oregon holding the bag for a great deal more cost responsibility."
"The last time Republicans held hostage a resolution to ensure that our country’s bills were paid cost us more than $1 billion in added interest and slowed the economic recovery."
"Even if you took literally every single ounce of platinum in the world, it still wouldn’t add up to enough needed to pay down our nation’s debt."
"In the four years before I became governor, we increased state debt $5.2 billion. We've paid it down $2 billion."
"The price tag amounted to nearly $4,200 for every man, woman and child in the state."
"If lawmakers fail to avert the fiscal cliff, 18 percent of the federal money that is sent to the states will be eliminated."
"Every American now is $51,000 in debt. That’s money I owe, that’s money my children owe before they even go to kindergarten, that’s their check to the federal government right now."
"We borrow $4 billion every single day, much of it from China."
"There are more oil rigs in operation in the United States than the rest of the world combined."
"Repealing and replacing Obamacare – that’s going to save $1 trillion over a 10-year period."
President Barack Obama’s "spending drove us $5 trillion deeper in debt."
Says under U.S. Sen. Robert Menendez’s watch the nation’s unemployment rate and debt doubled and the federal budget deficit quadrupled.
U.S. Sen. Sheldon Whitehouse "rewarded Wall Street executives with millions in bonuses."
"(Barack Obama) says he’s going to reduce the long-term debt and deficit by $4 trillion, doesn’t say how he's going to do it."
Deficit spending ‘exploded during the Obama administration’ to $5.3 trillion over four years, compared to $2 trillion in eight years under President George W. Bush.
"Over the last four years, the deficit has gone up, but 90 percent of that is as a consequence of" President George W. Bush’s policies and the recession.
Says Barack Obama has added $16 trillion to the national debt.
The national debt of $16 trillion, is "enough to buy both the Cleveland Indians and Cincinnati Reds 1,918 times."
"Since President Obama took office, over 88,000 Ohio workers have lost their jobs."
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