On the recordSeptember 10, 2012
You know, to use the President's words again, because these are direct quotes, so let's look at a couple of things. Last April, President Obama said, ``We have to live within our means, we have to reduce our deficit, and we have to get back on a path that will allow us to pay down our debt.'' That was the President just last April. But also I want to make sure that there is no misunderstanding. This is the President's own words in February of 2009: ``I am pledging to cut the deficit by half by the end of my first term in office.'' And I know we are kind of circling back to how we began this hour tonight, but since the President has taken office, our national debt has increased by $5.3 trillion.
