Statements about Deficit
The deficit this year could pay "all of the 2013 salaries of every professional baseball player for the next 248 years."
"The national debt is on track to double during Obama’s presidency."
"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."
According to a federal report, Obamacare will increase the long-term federal deficit by $6.2 trillion.
"We went from $160 billion deficit spending in (President George W.) Bush's last year to $1.6 trillion the following year."
"According to the Congressional Budget Office, repealing Obamacare would increase the budget deficit."
The federal deficit is "growing."
The sequester has "already lost 1.6 million jobs."
Says the State Department spent $630,000 to get 2 million Facebook "Likes."
"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."
Says "our deficits are falling at the fastest rate in 60 years."
Food stamp spending "doubled under President Bush, doubled again under President Obama."
"The Government Accountability Office estimated (Obamacare) will add to the long-term deficit by $6.2 trillion."
"Expanding Medicaid would require borrowing more money, drastically expanding our deficit."
"Not one dime gets added to the deficit because of Social Security."
"Quite frankly, it was during the Bush years of spending, multiplied now by the Obama years that we have this mess."
"In the last two years, we have reduced the deficit by $2.5 trillion."
In a budget deal struck in 2011 "a trillion dollars of cuts went into effect immediately, and then a special committee was set up ... to get agreement on another $3 trillion of cuts."
Of six Rhode Island tax-credit programs worth about $35 million, "three companies got 90 percent of that -- CVS and two companies not even located in the state of Rhode Island."
Says if Congress doesn’t avoid the sequester, "tens of thousands of parents will have to scramble to find child care for their kids."
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