Statements about Deficit
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."
"(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.
"Tim Kaine doubled down in his support of devastating defense cuts, saying the ‘the deal was the right thing to do.’"
"Since President Obama took office, over 88,000 Ohio workers have lost their jobs."
"President Obama has no plan to reduce the deficit, let alone pay down the debt."
David Cicilline was "required to provide key information about city finances to an independent outside auditor. The deadlines were clear -- yet [he intentionally] missed them by months" until after the November 2010 election.
Says President Barack Obama "built this $16 trillion debt."
"$16 trillion (the national debt) in $1 bills would cover the entire state of Ohio nearly 1.5 times."
Says his budget plan "would cut our deficits by $4 trillion."
"The auditor [for the city of Providence] was not locked out" of access to the city's finances.
"We will spend $100 billion in Afghanistan this year, fixing roads, building bridges, training police officers, and more, [and] cutting the same things in our own country."
How to contact us:
We want to hear your suggestions and comments. For tips or comments on our campaign promise database, please e-mail the Obameter. If you are commenting on a specific promise, please include the promise number. For comments about our Truth-O-Meter or Flip-O-Meter items, please e-mail the Truth-O-Meter. We’re especially interested in seeing any chain e-mails you receive that you would like us to check out. If you send us a comment, we'll assume you don't mind us publishing it unless you tell us otherwise.
Browse the The Truth-O-MeterTM:
Browse The Obameter:
Keep up to date with Politifact National: