in today's number reporting a deficit $500 billion, a historic number, it goes to prove that we cannot fight three wars with three tax cuts, having now produced a record deficit in the economy. And what we need now is a balanced budget that is in balance with our priorities. Not all government spending is good, and not all tax cuts lead to the same economic benefit. We need a strategy and an agenda that brings our budget into balance with our priorities, where we can make sure that Americans can afford the education and the health care for their children that they need as well as make sure that we have the security and the investments in our defense that we need. And as we lay out our agenda and understand where we are as a country and the priorities, I think that today's deficit proves that while the economy is supposedly growing, the deficit should be going down, not going up. And the reason it is going up is because we neither have a strategy nor the priorities that are correct for this country and for the future of our country. So we must once again dedicate ourselves to the principle of bringing the budget into balance, in balance with our priorities.
Editor's note · Context
Addressing the historic deficit and the need for a balanced budget.
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