On the recordMay 25, 2010
Ladies and gentlemen, the oil spill isn't the only mess in town. The mess was first started by the past administration, which takes great glee in cutting taxes for the very rich in this country and then leaving behind a huge deficit. Remember, when Clinton left office, we had a surplus. When it came to war, we didn't have the money to pay for it. Don't pay for it. Just put it on a credit card. When it came to bailing out the drug companies for giving prescription drugs, don't pay for it. Just put it on a credit card. When it came to bailing out Wall Street big banks, don't pay for it. Just charge it. The fact is the deficit is big today--in the billions. It went from zero to tens of billions, to hundreds of billions. But guess what? We're back on the mend. Jobs are being created. People are going back to work. It's slow, but we're investing in America, and the work has just begun.
Source
govinfo.gov




