Correct. And so, again, I'm not proud of the fact that there were deficits under Republican control, but look at the 3 years once the Democrats came into control. Look at what happened in 2007. Look at what happened in 2008. Look at what happened in 2009. And again, it just goes to show that what was an average annual deficit under Republicans has now become an average monthly deficit over Democrats. Now, I know the President, again, is fond of saying, well, it's not my fault. I inherited a mess. Well, I have two observations. You know what I would say to the President? Yes, Mr. President, you're right. You inherited a mess. I agree. But guess what? When it comes to trillion dollar deficits, you inherited it from a Democratic Congress. And also, Mr. President, if I recall properly, you were a Member of that Democratic Congress. You were a United States Senator and your voting record was about as pro-spending as there was. So to some extent, if I had the opportunity to speak to the President again, I'd say, Mr. President, you kind of inherited the problem from yourself to some extent. But even if you didn't--let's just say that the administration is absolutely blameless--then why, Mr. President, are you making it worse?
Jeb Hensarling: “Correct. And so, again, I'm not proud of the fact that there were deficits under Republican control, but look at the 3…”
Editor's note · Context
Hensarling discusses budget deficits and accountability during the Obama administration.
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