Political Quotes

W. Todd Akin: Here we go, $1.4 trillion. Now, there are different ways of looking at this. When you talk about billions and trillions…

On the recordJune 14, 2010
Here we go, $1.4 trillion. Now, there are different ways of looking at this. When you talk about billions and trillions, for poor little people like me, those numbers are very hard to understand or make much sense out of it. But one way to take a look at it is this deficit as a percent of gross domestic product; that is, all of the goods made in America, what is the ratio? This one, the worst, was 3.1 percent of GPD. President Obama's first year here, where you have total Democrat control, one party rule, you've got $1.4 trillion, which is, as I recall, 9.9 percent of GPD, which is the highest since World War II. So this stuff is unlike anything we've seen before. And this is part of the reason why the Democrat Party doesn't want to make a budget, because they're really proud of those numbers. If those were my numbers, I'd be scared to death. And I think the American public is concerned about that level of spending. I was going to jump just to a little bit--I mean, we've been very critical of the fact that we're doing two things wrong in this one-party rule run by the Democrats, and that is too much spending and too much taxing. It shows a tremendous faith on their part of what the Federal Government can do in terms of solving problems. They believe that there isn't any problem that can't be fixed with more taxing and spending; that's where we seem to go.…
Said by
W. Todd Akin
Missouri
Source
govinfo.gov
Jun 14, 2010

Editor's note · Context

The speaker addresses concerns about the national deficit and government spending under Democratic control.

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govinfo.gov

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