Statements about Deficit
Says, "when this governor came to office, he had (an) 11 billion dollar - I call it mismanagement – deficit."
"Nobody in total is proposing cutting anything. We’re trying to reduce the rate of growth in government."
Says the New Year’s Day "fiscal cliff" deal "reduces the deficit."
Seven of America’s 10 wealthiest counties are in the Washington, D.C., area.
Says in fiscal year 2011, the state had "a projected $11 billion deficit."
"The problem with raising tax rates on the wealthiest Americans is that more than half of them are small business owners."
"If lawmakers fail to avert the fiscal cliff, 18 percent of the federal money that is sent to the states will be eliminated."
Says budget savings by reducing pay and benefits for federal employees total $103 billion over 10 years -- more than $50,000 per worker.
"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."
Budget analysts say the looming tax hikes and spending cuts would "take us into a recession and kill jobs."
Says Barack Obama "said when he was running for office four years ago that he would halve the annual deficit by the end of his first term. That simply has not happened."
Says his deficit plan "made some adjustments to (Simpson-Bowles), and we're putting it forward before Congress right now, a $4 trillion plan."
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."
Says President Obama has "doubled" the deficit.
Says Romney wants to add $2 trillion to the defense budget that the military hasn’t asked for.
Says U.S. Senate opponent Tammy Baldwin supported a federal budget "that spent trillions -- not billions, trillions -- more money than the Obama budget."
Says Obama promised to cut the deficit in half.
Obama says he’s "put forward a specific $4 trillion deficit reduction plan."
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