Right. You know, I appreciate your bringing that up because one of the things that Americans intuitively understand, they are not really buying this idea that by spending tons of money the Federal Government is going to make everything better. Maybe some ivory-tower people, but most people on the street know that doesn't make any sense. They also know we as Republicans did the wrong thing; we spent too much money. And the worst year in terms of spending too much money was Bush's last year in office and our deficit was $459 billion. That is this box here. The reason it is red is because this is when the Pelosi Congress took over, so it was George Bush with the Pelosi Congress. And of all of the years that President Bush had spent too much money, this was his worst year right here. We follow that up with 2009 and this $459 billion jumps to $1.4 trillion. Now when you really think about it, that is really a tripling of the amount of deficit.
On the recordMay 5, 2010
Source
govinfo.govEditor's note · Context
The speaker discusses government spending and the increase in the deficit during the Bush administration.
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