Her lips are moving. Well, how’d that promise work out? Debt Has Increased $5 Trillion Since Speaker Pelosi Vowed, ‘No New Deficit Spending’ When Rep. Nancy Pelosi (D-Calif.) gave her inaugural address as speaker of the House in 2007, she vowed there would be “no new deficit spending.” Since that day, the national debt has [...]
Filed under: Blog Entry | Tagged: 110th Congress, 111th Congress, Budget Deficits, China, Deficit Spending, Democrats, Economy, Historic Deficits, Inaugural Address, Nancy Pelosi, National Debt, Pay As You Go, Pay Go, Speaker Of The House, U.S. House of Representatives, U.S. Treasury Department | Leave a Comment »
