Political Quotes

On the recordJuly 13, 2010
I wonder if I could ask the Senator another question. The Senator was talking about the increasing debt. Am I correct that it took the first 43 Presidents of the United States and the Congresses they served with about 230 years to run up $5.8 trillion in debt, but President Obama's 10-year proposal, through 2018, would add another $11.8 trillion? In other words, am I right that the first 43 Presidents piled up $5.8 trillion in debt, and this President's 10-year budget, through 2018, would double that?
Said by
Heidi Alexander
Labour Party

Editor's note · Context

The speaker is questioning the impact of President Obama's budget proposal on national debt.

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