Statements about Debt

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."

Says if Congress doesn’t avoid the sequester, "tens of thousands of parents will have to scramble to find child care for their kids."

"We borrow $4 billion every single day, much of it from China."

President Barack Obama’s "spending drove us $5 trillion deeper in debt."

"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.

There has been "$5 trillion in debt added over the last four years."

Says Romney would add "trillions" to the deficit while Obama would "cut the deficit by $4 trillion."

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