Saturday, January 14, 2017

Pelosi: Were It Not for Obama, $19,951,756,200,280 Debt Would Be Higher!

Cybercast News Service ^ | January 13, 2017 | 2:00 PM EST | Penny Starr 

House Minority Leader Nancy Pelosi (D-Calif.) said on Friday that were it not for "the work" of President Barack Obama, the federal debt would have increased even more than the $9 trillion that it has increased over the eight years of his presidency.
“Absent the work of President Obama this national debt would be even higher,” Pelosi said at her weekly briefing with reporters at the Capitol when asked about the increase in the federal budget under Obama. […]
“As I’ve said over and over again: Show me your budget, show me your values,” Pelosi said. “And we see today on the reconciliation a clue. We haven’t seen the full budget because that will come later.”
“When (Obama) stood on the steps of the Capitol eight years from next week the deficit was $1.4 trillion—one-year deficit,” Pelosi said. “It’s reduced by 70 percent in his administration.” […]
“[Clinton] had us on a path of $5.4 trillion in debt reduction,” Pelosi said. “Not deficit, debt reduction—as opposed to an annual deficit—the debt reduction. President Bush came to office, he reversed all of that. …
(Excerpt) Read more at cnsnews.com ...

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