The Republican Party is in charge. They’ve been charge of the Congress and spending for 10 years.
Because when we think about the real facts: 44 million Americans without health insurance, millions without jobs, a 50-year high on mortgage foreclosures, an historic high the third year in a row on personal bankruptcies.
There’s not an appropriations bill in the last 10 years that the-that Democrats passed in the Congress. We haven’t spent any money of your taxes in the last decade.
There are no problems that exist in the District that have been solved elsewhere in the country. Whatever problems exist in this city exist other places.
Without Social Security, poverty rates for African American seniors would more than double.
But if they want to really think about the fiscal future of this country, then think about how we have moved from hundreds of billions of surpluses to hundreds of billions of deficits.
While Social Security faces some long-term challenges, the system is not in crisis.
Now, so, if you want to blame someone for wasteful spending, the Republicans are in the majority.
We have major fiscal problems on our hand.
Now we are raising the debt limit 3 times, up to $8 trillion, so that our children and our grandchildren will have to pay for the cost of our expenditures.
But the point you need to know is that no president at war cut taxes $1.5 trillion, like Bush did.
Bush has never sent over a balanced budget.
Currently, more than 4.7 million African Americans receive Social Security benefits, and nearly 8 million people with disabilities depend on Social Security for their daily sustenance.
When Bill Clinton was in town, he sent over a balanced budget.
The President’s proposed privatization plan would jeopardize that security by cutting guaranteed benefits for future retirees and endangering the benefits of current retirees, people with disabilities, and children who have lost a parent.