Tuesday, August 2, 2011

No new deficit spending is what Pelosi promised, did she deliver?

When Rep. Nancy Pelosi (D-Calif.) gave her inaugural address as speaker of the House in 2007 (Democrats controlled both houses from 2007 to 2011), she vowed there would be “no new deficit spending.” Since that day, the national debt has increased by $5 trillion, according to the U.S. Treasury Department.

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