PolitiFact

Scott Rigell stated on February 14, 2011 in a press release.:

The United states is "borrowing more than 40 cents of every dollar we spend."

By Jacob Geiger• February 17, 2011

Marco Rubio stated on June 28, 2010 in a Fox News interview:

"Forty cents of every dollar being spent by the federal government is being borrowed from my children."

By Cristina Silva• July 16, 2010

Michele Bachmann stated on October 11, 2011 in Republican presidential primary debate:

"Our government right now. . . (is) spending 40 percent more than what we take in."

By Molly Moorhead• October 12, 2011

Frank Lautenberg stated on October 24, 2011 in an article on NOLA.com:

"Last year we spent more than $40 billion on highways. And Lord knows we need that. But that's more than we spent on Amtrak in its entire 40-year history."

By Caryn Shinske• December 5, 2011

Tim Ryan stated on September 15, 2011 in a television interview:

"We have a $2 trillion to $3 trillion infrastructure deficit. We’ve got work that needs to get done. We’ve got people that want to go to work."

By Henry J. Gomez• October 6, 2011

George LeMieux stated on March 08, 2010 in Miami Herald editorial board interview:

"If we just froze spending at 2007 levels ... by 2013 we would balance the budget ... and by 2020 we would cut the national debt in half."

By Amy Sherman• March 10, 2010

Jim Jordan stated on November 13, 2011 in a newspaper column:

"President Obama's recent plan to cut $100 million of waste within his administration won't actually save money because he's going to spend it elsewhere."

By Stephen Koff• December 1, 2011

Barack Obama stated on April 14, 2009 in a speech at Georgetown University:

"Already we've identified $2 trillion in deficit reductions over the next decade."

By Angie Drobnic Holan• April 21, 2009

Barack Obama stated on July 25, 2011 in a televised address:

"The deficit was on track to top $1 trillion the year I took office."

By Robert Farley• July 27, 2011

Donna Brazile stated on August 02, 2009 in CNN's State of the Union with John King:

Under President George W. Bush, the U.S. "spent $1.3 trillion on tax cuts for the wealthy" and "trillions" each on a war and on Medicare drug benefits.

By Louis Jacobson• August 5, 2009

Alexandria Ocasio-Cortez stated on January 27, 2023 in an interview with reporters:

“The largest contributor to the debt ceiling, or to our deficit, has been the Trump tax cuts.”

By Louis Jacobson• February 1, 2023

Kevin McCarthy stated on November 18, 2021 in a House floor speech:

“Never in American history has so much been spent at one time. Never in American history will so many taxes be raised and so much borrowing be needed to pay for this reckless spending.”

By Louis Jacobson• November 19, 2021

Karl Rove stated on January 10, 2010 in the Washington Post:

The Obama administration "raised discretionary spending by 24 percent from President George W. Bush's last full-year budget and will run up more debt by October than Bush did in eight years."

By Robert Farley• January 15, 2010

Kent Conrad stated on January 23, 2011 in an interview on "This Week with Christiane Amanpour.":

"We're borrowing 40 cents of every dollar we spend."

By Angie Drobnic Holan• January 27, 2011

Barack Obama stated on October 02, 2015 in a press conference:

Today, the deficit is "below the average deficits over the past 40 years."

By Louis Jacobson• October 6, 2015

Facebook posts stated on March 30, 2022 in a Facebook post:

“Democrat’s New Plan: Tax billionaires to lower the deficit by $1 TRILLION and fund clean energy independence. Republican’s New Plan: Raise taxes on households earning less than $50,000 by an ADDITIONAL $4,500 after CUTTING taxes for the rich.”

By Sara Swann• April 4, 2022

Mitt Romney stated on March 02, 2012 in a rally in Cleveland, Ohio:

Says in the 2012 State of the Union address, President Obama "didn't even mention the deficit or debt."

By Molly Moorhead• March 5, 2012

Howard Lutnick stated on July 20, 2025 in an interview with CBS' "Face the Nation":

Tariffs are “going to pay off our deficit.”

By Louis Jacobson• July 22, 2025

Cokie Roberts stated on October 04, 2009 in appearance on This Week with George Stephanopoulos:

Forty percent of gross domestic product "is state, local, or federal money."

By Louis Jacobson• October 6, 2009

Rob Woodall stated on February 01, 2011 in a town hall meeting:

One half of federal spending goes to Social Security, Medicare and Medicaid while the other half goes to other programs funded with money "borrowed from a foreign land."

By Eric Stirgus• February 25, 2011

Follow us

Stand up for the facts!

I would like to contribute

Search results for "The uniparty spent us into a 40 trillion deficit"

People (7)

Fact-checks (16856)

Articles (5861)

Ad Watch: GOP accuses Obama of breaking vows to improve economy

Fact-checking the federal budget fight

Fact-check: President Donald Trump’s Super Bowl LIX interview with Fox’s Bret Baier

Jeff Merkley's Social Security claim elicits blasts from both sides: PolitiFact Oregon

Fact-checking Donald Trump's address to Congress

Guns, deficit, fraud and beer among our most popular non-election fact-checks

Truth-O-Meter sniffs out cheesy claims

Fact-checking Joe Biden on inflation, the deficit and consumer confidence in the State of the Union

Fact-checking Joe Biden's 2022 State of the Union address

The COVID-19 relief package: Where the money goes

Obama praised, criticized in fact-checks on the Truth-O-Meter

Coming soon: PolitiFact's scorecard on the economy

Fact-checking the Denver presidential debate

Tommy v. Tammy II: Senate debate roundup

Debt vs. deficit: What’s the difference?

Lots of heat (and some light) on Obama's spending

The debt limit fight: Why does it matter? How could it be resolved?

The battle over the debt limit: What to know after the House GOP passed its bill

Democrats wrap up convention with Obama re-election appeal

Can Joe Biden’s agenda really cost zero dollars? A guide to the bills and the numbers