Detailed text transcripts for TV channel - MSNBC - 20130522:16:38:00
Last year it was 7%, now it's 4%, by 2015, it's expected to be 2% of gdp. for years rpg have been sounding warnings about the deficit, one of the key themes, if you remember, of the 2012 election. >> we've always said we want to do what is necessary to try to bring this deficit and debt into balance. >> we've got to get it under control, because it's dragging or economy down and giving our children a diminished future. >> we have to put america on track to a balanced budget. >> what i know is spending is out of control,ç debt is out o control. and yet our deficits have actually been shall ...