A Quote by Pete Hegseth
When Mr. Obama entered office, he said all the right things about getting Washington spending under control. He even promised to cut the deficit in half by the end of his first term. Obviously, that didn't happen.
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Today I am pledging to cut the deficit we inherited in half by the end of my first term in office.
We're committed to working with Congress to doing what the president said he was always going to do, which is cut the deficit in half over the - over his first term.
With a congressional mandate to run the deficit up as high as need be, there is no reason to raise taxes now and risk aggravating the depression. Instead, Obama will follow the opposite of the Reagan strategy. Reagan cut taxes and increased the deficit so that liberals could not increase spending. Obama will raise spending and increase the deficit so that conservatives cannot cut taxes. And, when the economy is restored, he will raise taxes with impunity, since the only people who will have to pay them would be rich Republicans.
Mr. Obama's choices show how fundamentally unserious he is about deficit reduction and spending restraint.
To reduce deficit spending and our enormous debt, you reign in spending. You cut the budget. You don't take more from the private sector and grow government with it. And that's exactly what Obama has in mind with this expiration of Bush tax cuts proposal of his.
There's been no end to the grief Mitch McConnell's taken for his declaration early in Barack Obama's first term that his party's top goal was to make Obama a one-term president.
Mr. Obama said that he personally told Mr. Putin to knock it off and vows to retaliate. But the Obama presidency is coming to an end, and his successor still won't accept that Russia is guilty of tampering with U.S. elections.
Conservatives in general, and even so called Tea Party conservatives, are not against transportation spending. Indeed, interstate commerce is one purpose of interstate highways and byways, and is one of the things the federal government is actually supposed to spend our tax dollars on. What conservatives are opposed to is needless and excessive spending, pork-barrel spending, deficit spending, spending to pick winners and losers among American individuals and corporations, and spending to promote the social and economic whims of the Washington few.
Barack Obama says he's gonna stay in Washington, but presidents don't stay in Washington. Presidents, they get out of there as fast as they can, 'cause it's like a prison to them. And Michelle Obama's even said as much about the White House. So the fact that he's gonna stay there has always told me that he's gonna stay there to protect his legacy, whatever it is, and that he's not gonna observe the age-old protocols of standing aside and staying silent for awhile while the new president takes office.
Mr. Obama denounced the $2.3 trillion added to the national debt on Mr. Bush's watch as 'deficits as far as the eye can see.' But Mr. Obama's budget adds $9.3 trillion to the debt over the next 10 years. What happened to Obama the deficit hawk?
Send me to Washington, and if I can't make a difference, I'll voluntarily come back after just one term. Cut the deficit, slash illegal immigration in half, fix our horrific tax system - or I'll come home and help find somebody that can. That's my product guarantee.
It is my view that what is important is cutting government spending, however spending is financed. A so-called deficit is a disguised and hidden form of taxation. The real burden on the public is what government spends (and mandates others to spend). As I have said repeatedly, I would rather have government spend one trillion dollars with a deficit of a half a trillion than have government spend two trillion dollars with no deficit.
Mr. Obama said that he personally told Mr. Putin to knock it off and vows to retaliate. But the Obama presidency is coming to an end and his successor still won't accept that Russia is guilty of tampering with U.S. elections. But president-elect Donald Trump is accepting the thanks of those who voted for him.
When this president was sworn into office, he was handed a deficit of over a trillion dollars. Republicans were in control of Congress for much of the time that President George W. Bush was in office, and they didn't do a great job of controlling spending.
President Bush, yes, spent money like a drunken sailor, and left the nation with a record $400-billion deficit. President Obama, however, is spending far more money than Bush, with a record $1.8 trillion deficit projected for his first year.
When my husband was president, we went from a $300 billion deficit to a $200 billion surplus and we were actually on the path to eliminating the national debt. When President Obama came into office, he inherited the worst economic disaster since the Great Depression. He has cut the deficit by two-thirds.
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