On the recordJanuary 24, 2013
in 2008, a prominent Democratic politician said that adding $4 trillion to the national debt was ``irresponsible and unpatriotic.'' In 2009, this same politician said, ``I refuse to leave our children with a debt they cannot repay. We cannot simply spend as we please.'' Again, in 2010, this same individual said, ``It keeps me awake at night looking at all that red ink.'' Then in 2011, he echoed the statements of the Chairman of the Joint Chiefs of Staff, ADM Mike Mullen, when he said, ``The greatest long- term threat to America's national security is America's debt.'' And then finally, in 2012, this same politician said he was running for reelection ``to pay down our debt in a way that is balanced and responsible.'' Well, you might have guessed who this was. These are statements made by President Barack Obama. Unfortunately, the President's actions have not come close to matching his own rhetoric. Since he took office, the gross national debt has increased by nearly $6 trillion. Indeed, the President has served at a time when we have accumulated far more debt than any other President in American history. After spending his first term maxing out America's credit card, the President is demanding yet another increase in the debt limit. The President argues he is merely asking lawmakers to pay the bills that have already been racked up. And he continues to blame others-- certainly not himself--for trillion-dollar annual deficits and skyrocketing debt.…
Source
govinfo.gov




