Barbara Boxer: “This President and the Republicans in this Senate are trying to claim the mantle of fiscal responsibility. In fact, they…”

“This President and the Republicans in this Senate are trying to claim the mantle of fiscal responsibility. In fact, they turned a $236 billion surplus inherited from the Clinton administration into a $248 billion deficit. They oversaw the three largest budget deficits in U.S. history, and they are responsible for a $3 trillion increase in the national debt. Now, let me say this: Who owns that debt? Foreign countries--China, Japan. I don't hear the Senator from New Hampshire bemoaning the fact that they can hold us hostage. We need a change here. We need fiscal responsibility. We need investments in things that help our children, education, for one, and help our families, health care, for two, and a way to make sure our veterans truly get what they need. Instead, the President gives us as head of the OMB Mr. Nussle, who is closely associated with all of these policies and failed as chairman of the Budget Committee three out of six times to get a budget and work with Democrats. This is an absolute outrage.”