I tweeted this but this story just HAS to get out there. It’s simply preposterous what past Speaker of the House Nancy Pelosi has claimed.
At her final press conference as House Speaker, Nancy Pelosi (D-CA) said, “Deficit reduction has been a high priority for us. It is our mantra, pay-as-you-go.”
The numbers tell a different story.
When the Pelosi Democrats took control of Congress on January 4, 2007, the national debt stood at $8,670,596,242,973.04. The last day of the 111th Congress and Pelosi’s Speakership on December 22, 2010 the national debt was $13,858,529,371,601.09 – a roughly $5.2 trillion increase in just four years. Furthermore, the year over year federal deficit has roughly quadrupled during Pelosi’s four years as speaker, from $342 billion in fiscal year 2007 to an estimated $1.6 trillion at the end of fiscal year 2010.
Ya gotta love her moxie though. She claims their priority is deficit reduction yet the deficit under her watch goes up $5.2Trillion.
NOTE: for those following my twitter I tweeted Billion and deleted to retweet Trillion. Oops!!)