Politics

Who Left Us With Huge Deficits?

Today, the House will debate statutory pay-as-you-go (PAYGO) legislation. PAYGO has a proven track record of success, turning deficits into record surpluses in the 1990s under President Clinton. As we work to address the Bush deficits we inherited, PAYGO is a key part of our effort to restore fiscal balance. Since Republicans are attempting to reinvent history on the cause of our nation's deficits, here’s a reminder of who is responsible for our nation’s debt and deficit increases.

Who Left Us With Huge Deficits?

President Bush More Than Doubled Foreign-Held Debt

Republican Budget Busting Initiatives v. Fiscally Responsible Obama Agenda

President Obama's Proposed Budget Slashes Deficit in Half in Just Five Years

Full post as published by The Gavel on February 05, 2010 (boomark / email).