Debt Runup News Today

working, republicans want to put it on the chopping block. im gonna ask ron klain, whos gonna join us in this hour if that is the closing argument in these congressional elections. is -- is that what. >> it is wow! mitch mcconnell is loving that... not! >> right. and republicans have absolutely made this argument possible, and highly credible for the democrats. >> thank you kevin mccarthy for explaining that you are gonna use the debt ceiling to slash the social safety net. youre welco...

Office, spending wildly. he comes in and spends a lot more t.a.r.p. money and asks for an omnibus spending bill and also asks for a stimulus bill of $862 billion. if you take a look at it and his spending, it drives spending from 20.2% of gdp, including the t.a.r.p. monet and auto money and the budget that he approved to nearly 25% of gdp after obama gets into office. he is responsible for the debt runup on his watch. it is fine for him to blame it on president bush or a japanese sawtsunami, but...