Oct 26, 2010

Debt up $5 Trillion after Pelosi promised no new deficit spending

From a report at the link below:

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 increased by $5 trillion, according to the U.S. Treasury Department.

In that speech she also said, "Our new America will provide unlimited opportunity for future generations, not burden them with mountains of debt."

Link