"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."
Says if Congress doesn’t avoid the sequester, "tens of thousands of parents will have to scramble to find child care for their kids."
President Barack Obama’s "spending drove us $5 trillion deeper in debt."
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.
Obama says he’s "put forward a specific $4 trillion deficit reduction plan."
"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 his budget plan "would cut our deficits by $4 trillion."
"When Mitt Romney was governor, Massachusetts ... (had) more debt per person than any other state in the country."
Says in the 2012 State of the Union address, President Obama "didn't even mention the deficit or debt."
Mitt Romney "left Massachusetts $1 billion in debt."
President Obama has "said he is going to cut veterans' benefits."
Says the Simpson-Bowles deficit reduction proposal went from President Barack Obama's desk to "the garbage can."
"We’re $15 trillion now in debt, with a president that’s racked up as much debt as almost all of the other presidents combined."
"I balanced the budget for four straight years, paid off $405 billion in debt."
"By 2015, we will be sending so much interest" to China that "we will be paying for the entire People's Liberation Army."
When Standard & Poor's "dropped our credit rating, what they said is, we don't have an ability to repay our debt. ... I was proved right in my position" that the debt ceiling should not have been raised.
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