Saturday, January 26, 2013

Weekly GOP Address with Sen. John Thune on spending

Sen. John Thune of South Dakota in today's weekly GOP address mentions that it has been four years since the Democratic-controlled Senate has passed a budget.

More so then ever, spending is out of control.

“Over the past four years, our country has added nearly $6 trillion to the national debt," Thune says here. "At $16.4 trillion, our nation’s total debt is now larger than our entire economy."

"This means that every man, woman, and child owes a $53,000 share of this debt," he adds. "That level of spending is unsustainable. We cannot afford to keep adding over a trillion dollars to the debt every year, as we have for the past four years."


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