Tim Ryan: “Let me say real quick, trust us, this is the debt limit increases just since 2002. Since President Bush, Republican…”

“Let me say real quick, trust us, this is the debt limit increases just since 2002. Since President Bush, Republican House, Republican Senate, $3 trillion in new borrowing from the Republican Congress. This is third party validator. This is fact. The Truth Squad can come out and check the facts and maybe help us find a positive way to talk about it. June 2, 2002, the Republicans raised the debt limit by $450 billion. May of 2003, $984 billion. November of 2004, $800 billion. Now, the next increase is going to be for $781 billion more. $3 trillion since President Bush and the Republican House and the Republican Senate have been in charge of this operation here. And we just keep going and borrowing and borrowing and borrowing from the Japanese, the Chinese, the OPEC countries. And at the end it is mortgaging the future of this country.”