On the recordMay 25, 2010
Yes, let's look at those facts, because it is not 1 rac{1}{2} ext{ years}, it is 3 rac{1}{2} ext{ years; 3 rac{1}{2} ext{ years since Nancy Pelosi became the Speaker of this House. In case the American public has forgotten it, every single spending bill originates in this House, and for 3 rac{1}{2} ext{ years, we have a situation, oh, were the deficits bad? Yes, they were. In 2006, I remember that deficit was $161 billion, and I spoke against that deficit. Today, after 3 rac{1}{2} ext{ years of Democratic control of the House and the Senate, that deficit is ten times what it was. And if we think for a minute about some of the orchestration, of some of the schemes with Fannie Mae and Freddie Mac which were authored on the Democratic side of the aisle to force those institutions into purchasing subprime loans, over $1 trillion in subprime loans, and for us that protested that, to watch the impact that it had on housing in the United States as housing collapsed, and now today to see not even a budget submitted by the other side of the aisle going forward, spending upon spending upon spending with no budget even put before this institution.
