06/29/2011
https://www.congress.gov...
"The debt, as a practical political matter, can be blamed on the President because he is advocating more spending."
"I think the American people do, in fact, think this Government spends a lot of money it does not need to spend."
"I did not think it cut enough."
"Gross debt in excess of 90 percent of GDP has typically been associated with mean growth of 1.7 percent versus 3.7 percent growth when debt is low, under 30 percent."