Statements about Deficit
"The national debt is on track to double during Obama’s presidency."
"Not one dime gets added to the deficit because of Social Security."
"Nobody in total is proposing cutting anything. We’re trying to reduce the rate of growth in government."
"If lawmakers fail to avert the fiscal cliff, 18 percent of the federal money that is sent to the states will be eliminated."
Says U.S. Senate opponent Tammy Baldwin supported a federal budget "that spent trillions -- not billions, trillions -- more money than the Obama budget."
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.
Says President Barack Obama "built this $16 trillion debt."
Says he never voted for a "tax increase."
As a congressman, Mark Neumann "voted four times to increase our debt."
If the U.S. didn't borrow $1.2 trillion every year "to fund government operations," that money would be available "for entrepreneurs and business people to put to work creating jobs and building and expanding their businesses."
The federal "limousine fleet has increased by 42 percent since Barack Obama took office."
Even a 100 percent tax on millionaires would only fund four months of government operations, failing to seriously address budget deficits and debt.
Says U.S. Rep. Tammy Baldwin is backing President Barack Obama’s plan to pass a $1.5 trillion tax increase.
"The federal government is spending 25 percent of our entire economy versus 100 years ago we spent only 2 percent."
Says the U.S. borrows "42 cents of every dollar Washington spends today and about half of that comes from countries like China."
Says President Barack Obama’s debt commission recommended converting Medicare "to a system where Medicare participants are given a voucher to purchase insurance in the private market."
Says Paul Ryan "voted for two wars that were unpaid for, voted for the Bush tax cuts that were unpaid for, voted for the prescription drug bill that cost as much as my health care bill -- but wasn't paid for."
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