On the recordMay 18, 2010
I think it's really important to stress the choices that we have in front of us. The American people have choices over the next few months about the direction that they want to go, whether they want to continue to go in the direction that the job creation chart that we just had up showed, whether they want to continue to go in the direction of the tax rate chart that Mr. Heinrich just had, or whether they want to go back in this direction because this direction shows us the history of Presidents and the deficit situation that the United States has been in under each President. So if you look at President Reagan, under President Reagan we had a $1.4 trillion deficit. Under President Bush 41, we had a $3.3 trillion deficit by the end of his Presidency. Then President Clinton was in office for 8 years and finished his second term with a $5.6 trillion surplus--a record surplus which he handed over to President Bush 43, who, in a very short period of time, handed off to President Obama an $11.5 trillion deficit.





