Posted on 11/13/2007 3:53:05 PM PST by Sub-Driver
Press Releases Contact: Brendan Daly/Nadeam Elshami 202-226-7616 For Immediate Release 11/13/2007 Pelosi: Given His Dismal Record, President Bush in No Position to Lecture Congress About Fiscal Responsibility
Washington, D.C. Speaker Nancy Pelosi released the following statement today in response to a speech in Indiana this afternoon by President Bush in which he compared Congress to a teenager with a new credit card. Below the Speakers statement is a fact sheet comparing the President and Congress fiscal records.
"If President Bush applied for a credit card, any bank in America would turn him down as a bad credit risk. He has put more foreign debt on the nations credit card than all previous Presidents combined saddling our children and grandchildren with $3.3 trillion in new debt.
"At the same time, President Bush has compiled one of the worst records of job creation since the Great Depression while American families saw their incomes drop by $2,500.
"Given his dismal record of maxing out America's credit card, the President is no position to lecture Congress about fiscal responsibility or economic policy.
"The New Direction Congress' new investments in college affordability, energy independence, childrens health care, and tax cuts for middle-class families are fully paid for with no new deficit spending. The American people want President Bush to work with Congress to restore the American Dream."
* * *
FACT SHEET
November 13, 2007
SETTING THE RECORD STRAIGHT:
Democratic Congress Brings Fiscal Responsibility Back to Washington
Today, President Bush continued to mislead the American people misrepresenting the Democratic-led Congress record on fiscal responsibility in an attempt to obscure the past six years of reckless spending. The American people arent buying this revisionist history they want to know just where will the President be when the bill comes due on our children and grandchildren?
Bush and Republicans Rack Up Record Debt on Nations Credit Card:
From 2001 through 2006, President Bush and the Republican-led Congress presided over the most fiscally irresponsible period in American history. Under President Bush, record surpluses turned into record deficits and the national debt has increased 56 percent. The President has raised the debt limit FIVE times since January 2001 most recently just this past September.
Alan Greenspan, Former Federal Reserve Chairman
My biggest frustration remained the president's unwillingness to wield his veto against out-of-control spending The Republicans in Congress lost their way They swapped principle for power. They ended up with neither. [Washington Post, 9/15/07]
Fiscal Responsibility Record under New Direction Congress
Under the Democratic-controlled Congress, the House has passed all 12 appropriations bills with bipartisan votes as part of our five-year balanced budget. The President has threatened to veto nearly every one of these spending bills. Just this morning, he vetoed the bipartisan, fiscally responsible Labor-HHS-Education appropriations bill that included crucial funding for veterans.
Joint Statement: Concord Coalition, Center for Budget and Policy Priorities, Committee for Economic Development, and Committee for a Responsible Federal Budget
In urging adherence to PAYGO, which requires that any increases in entitlement spending and any tax cuts be offset rather than deficit financed, we note that Congress has been very careful to comply with the rule so far this year We therefore strongly urge Congress to continue its record of compliance with PAYGO as it finishes its important work this year. [Statement, 10/30/07]
The Economist
For instance, they [Democrats] have instituted "pay-go" rules, which mean that any new spending must be fully funded; and they have stuck to them. Belatedly (to put it mildly), the administration has realised that it has lost the mantle of sound economic management to the Democrats. [October 20, 2007]
I'm sure the president appreciates the opportunity the democrats are giving him to redeem himself a little...
.."shuddup! ya old bug-eyed b****"
Pelosi doesn’t know reality when it hits her in the face. Does she realize her numbers are lower than GWB’s?
Miss nancy needs to make an appointment for a face lift soon... starting to droop
And she said all this with a gloom look on her face, oh wait it’s supposed to be that way after all the plastic applied, and then turned to one of her aide and uttered “ Get my private 747 ready I want to fly home to have lunch at the dinner with some of the little people”.
Will someone PLEASE give this moron a clue, PLEASE. Like they say, “You can’t fix stupid”.
Speaking of dismal records Nancy, name one thing you have promised to your constituents while campaigning that you have succesfully delivered.
Failed Speaker. Failed Dem Congress. Failure Squared.
Talk about Science Fiction.
Will someone clue this clueless broad into the fact that President Bush is not running this time around.
Its only Dismal if your a Liberal America Hater !
I love that pic! Bawhahahhaha
Dear Nancy: He doesn’t write the spending bills, you moron. He doesn’t add pork to straightforward spending bills. He doesn’t RAISE taxes.
But Nancy - you do. And by the way - we Republicans did our best to rid Congress of the tax and spend RINOs you cherished so much. And the only way you could get your so-called “majority” was to run Blue-dogs for office.
So Nancy, do us all a favor and sit down and shut up. We’re not stupid. Your accomplices in the MSM can carry your water all they want. Unfortunately, there are blogs out there that tell the real story. And you, Madam, are a joke. You are (thankfully, in some regards) an ineffective speaker and the object of derision to most of America. The real America. The America that you and that pathetic traitor Harry Reid refuse to see.
I will be happy to send you $10. Please use it to buy a clue.
No, don’t do THAT! Let them keep thinking it, it may be the GOP’s only chance.
Isn’t the House supposed to be in charge of spending? Wouldn’t that now be Nanci’s job?
The Pres has found the VETO stamp and the red inkpad in back of the second drawer of the Presidential desk. Nothing need be said. Stamp!
This sorry bitch can’t open her mouth without saying something only a bitter exwife would say...
A pox on her worthless ass..
She’s SPEAKER OF THE HOUSE - in the UNITED STATES OF AMERICA!
For Christ’s sake don’t we deserve better than the damned fools who call themselves LEADERS?
One more term with these Democrat assholes in power, may be enough to destroy the Republic...
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.