Posted on 01/13/2017 6:33:04 PM PST by Beave Meister
House Minority Leader Nancy Pelosi blamed former President George W. Bush and the Republicans on Friday for the more than $9 trillion that has been added to the national debt under President Obama's watch.
Pelosi argued that under Obama, the annual budget deficit, which contributes to the national debt, has been reduced dramatically, and said that without Obama's work, the national debt would be even higher. She also mostly blamed Bush for not paying for the wars in Afghanistan and Iraq.
"When President Obama stood on the steps on the Capitol eight years from next week, the [budget] deficit was $1.4 trillion — one year deficit," she said. "It's reduced by 70 percent in his administration. Much of the increase in the national debt that has occurred from this time still springs from two unpaid-for wars, cost that we owe our veterans following that, giveaways that they gave to the pharmaceutical industry, and the high-end tax cuts that have carried forward without any job production. Absent the work of President Obama, this national debt would be even higher."
Pelosi noted the work done by former President Bill Clinton to balance the budget or leave a surplus.
(Excerpt) Read more at washingtonexaminer.com ...
“The affordable care act was bi-partisan.”
Nanzi
Yeah. Pelosi’s completely lost the plot.
Nancy Pelosi is the perfect Democrat: she truly believes her own lies!
Pelosi’s assets should be seized and she should be in federal prison along with current and former (Hillary, Obama, Kasich) gangmembers of The Gang of 535, aka CONgre$$
Looting traitors to the republic. Domestic enemies.
Socialism Is Legal Plunder - “The Law”; Frederic Bastiat
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