RNC - "Unpatriotic" $5 Trillion Debt

In 2008, President Obama said adding $4 trillion to the debt was “unpatriotic,” but I’m sure he’d rather forget that comment considering he has added $5 trillion to the debt himself. The RNC highlighted his unpatriotic debt in New Hampshire today, a few items are below:


  • ·         The RNC hosted a press call with Former NH Senator John Sununu (R-NH) and NH Senate Majority Leader Jeb Bradley this morning.  Highlights from the call are below.
  • ·         The RNC released this research piece () today demonstrating that when it comes to the “unpatriotic” $5 trillion debt, President Obama is all talk and no leadership.   
  • ·         RNC web video, Empty Promises: Debt and Deficits


Former U.S. Senator John Sununu (R-NH): “[Obama] has had three and a half years to deal with the problem and it gets worse every single day. He thought $4 trillion in new debt was unpatriotic and irresponsible. He’s gone beyond that in a much shorter amount of time. His budget for 2013 put up another trillion dollar deficit. It’s impossible to claim that he’s serious or capable of dealing with the problem when his 2013 budget…looks like business as usual and we can’t afford that. Mitt Romney will reduce the size of government. He understands that when government is consuming 25% of the GNP, 25% of our economy, that’s too big  and its much larger than the historic norm…He’ll provide the leadership. Mitt Romney won’t ignore problems. Mitt Romney won’t burden future generations with more debt which has been the operating procedure of Barack Obama…”

New Hampshire Senate Majority Leader Jeb Bradley: “I think this is all about leadership we’ve had four years of campaigning from the Oval Office, it’s time for somebody who has created jobs, that’s Governor Romney, somebody who has actually cut spending in his home state when he was Governor of Massachusetts to assume the helm of our nation. The chaos that is happening in Europe will be happening in America if we don’t reform entitlement spending in Washington. When Senator Sununu and I served in Congress, when I left Congress in 2006 our budget situation was manageable about a $150 billion dollar deficit, too high, but certainly not over a trillion dollars per year which is what we’ve seen under President Obama.”

Click here for the full release: http://bit.ly/MkU5QF

Click Here To Listen To The Full Audio: http://www.gop.com/audio/5.16.2012_NH.mp3 

When It Comes To The Debt, Obama Is All Talk, No Leadership



In 2008, Obama Said Adding $4 Trillion To The National Debt Was "Irresponsible" And "Unpatriotic." OBAMA: "The problem is, is that the way Bush has done it over the last eight years is to take out a credit card from the Bank of China in the name of our children, driving up our national debt from $5 trillion for the first 42 presidents - #43 added $4 trillion by his lonesome, so that we now have over $9 trillion of debt that we are going to have to pay back -- $30,000 for every man, woman and child. That's irresponsible. It's unpatriotic." (Sen. Barack Obama, Remarks At A Campaign Event, Fargo, ND, 7/3/08)

If $4 Trillion Was "Unpatriotic" And "Irresponsible," What Is $5 Trillion?

The National Debt Has Increased More Under Obama In Three Years Than It Did In The Previous Eight Years. "The National Debt has now increased more during President Obama's three years and two months in office than it did during 8 years of the George W. Bush presidency. The Debt rose $4.899 trillion during the two terms of the Bush presidency. It has now gone up $4.939 trillion since President Obama took office. The latest posting from the Bureau of Public Debt at the Treasury Department shows the National Debt now stands at $15.566 trillion. It was $10.626 trillion on President Bush's last day in office, which coincided with President Obama's first day." (Mark Knoller, "National Debt Has Increased More Under Obama Than Under Bush," CBS News, 3/19/12)

Politifact: "Obama Is The Undisputed Debt King Of The Last Five Presidents." "So by this measurement -- potentially a more important one -- Obama is the undisputed debt king of the last five presidents, rather than the guy who added a piddling amount to the debt, as Pelosi's chart suggested." (Louis Jacobson, "Nancy Pelosi Posts Questionable Chart On Debt Accumulation By Barack Obama, Predecessors," Politifact, 5/19/11)