Debbie Wasserman Schultz: “Let's just look at the record here. What we are talking about and what our colleagues on the other side of the aisle…”

“Let's just look at the record here. What we are talking about and what our colleagues on the other side of the aisle would have been faced with is going home for the next 2 weeks and looking their constituents in the eye and having to tell them if this budget had gone forward and they had supported it, that they would be supportive of the five largest deficits in history. The top-ranking deficit in history was in 2004 when we had a $412 billion deficit. Number two was in 2003 when we had a $378 billion deficit. Number three was 2006, the current year, when we had a $372 billion deficit. The fourth largest year is 2007, still a $348 billion deficit. And the fifth largest deficit, 2005, the year that just ended, with a $318 billion deficit. Now these numbers jump all over the board, but if you go in order, the deficit is going in the wrong direction. 2006 is when you had the third highest deficit in history. If, like the President said he was committed and his Republican leadership was committed to cutting the deficit in half, I don't know. It does not appear like it does. Is 318 half of 412? Are any of these numbers half of any other number here? I am not very good at math, but not the math I am familiar with. Now let us look at the debt limit because we have also been careening every year towards the debt ceiling.…”