Budget woes have escalated under Bush and Obama
"Quite frankly, it was during the Bush years of spending, multiplied now by the Obama years that we have this mess."
— Politifact Ohio on Tuesday, March 26th, 2013
A theoretical deficit
Says, "when this governor came to office, he had (an) 11 billion dollar - I call it mismanagement – deficit."
— Politifact New Jersey on Thursday, February 21st, 2013
Plenty of cuts, but growth overall
"Nobody in total is proposing cutting anything. We’re trying to reduce the rate of growth in government."
— Politifact Wisconsin on Wednesday, February 20th, 2013
Check's uh, in the mail
"Every American now is $51,000 in debt. That’s money I owe, that’s money my children owe before they even go to kindergarten, that’s their check to the federal government right now."
— Politifact New Jersey on Thursday, November 15th, 2012
Bush helped light the fuse
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.
— Politifact Wisconsin on Friday, September 28th, 2012
A mixed picture on debt
"It took us four years to balance the budget. Then I gave you four surplus budgets for the first time in more than 70 years, paid $600 billion down on the national debt."
— Politifact New Jersey on Friday, June 8th, 2012
Doesn't factor growth of entitlements
If Congress froze the current spending level and then cut it by 2 percent annually, "we could balance the budget in five years."
— Politifact Virginia on Thursday, May 10th, 2012
Because the national debt is so high.
The "Buffett rule" "raises virtually no money, maybe a day and a half of our borrowing per year."
— Politifact Rhode Island on Sunday, April 15th, 2012
Spike in increases hasn't persisted
Says federal spending has increased 21 percent over the past three years.
— Politifact Ohio on Monday, January 9th, 2012
Unemployment: $20 million. Food stamps: $0.
Says taking millionaires off food stamps and unemployment would save $20 million.
— Politifact Texas on Friday, January 6th, 2012
A penny saved is a penny spent
"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."
— Politifact Ohio on Thursday, December 1st, 2011
Many ways to slice the corporate tax apple
"We have the second highest corporate tax rate among our trading partners."
— Politifact Ohio on Monday, November 28th, 2011
A credible, but high-side estimate
"1.53 million jobs are at risk (from potential defense cuts)."
— Politifact Virginia on Saturday, October 29th, 2011
A little premature, but in the ballpark
U.S. debt is "now equal to 100 percent of the GDP."
— Politifact Ohio on Thursday, August 18th, 2011
But other measures show U.S. defense spending high
"As a percentage of our gross domestic product, the defense budget remains just 3.6 percent. This figure is low by all historical standards."
— Politifact Virginia on Friday, August 5th, 2011
Yes, though a bigger issue was that a poor economy forced government cuts
"I cut more as a percentage out of government than any state in the country this past decade. And where is Michigan in terms of its economic growth? Cutting did not result in economic growth."
— Politifact National on Thursday, August 4th, 2011
Trust fund should be flush, but Congress tapped the pot
"Social Security didn’t cause the debt crisis. Social Security had nothing to do with the debt crisis."
— Politifact Ohio on Tuesday, August 2nd, 2011
Few countries limit borrowing precisely as the U.S. does
"Most countries have no debt ceiling."
— Politifact National on Monday, July 25th, 2011
The Gipper said don't mess with our creditworthiness
Says Ronald Reagan "repeatedly talked about how irresponsible it would be to allow the full faith and credit of the United States to be impaired in any kind of way."
— Politifact National on Friday, July 22nd, 2011
Truman didn’t increase debt limit
"Every president has raised the debt ceiling."
— Politifact New Jersey on Thursday, July 21st, 2011