Jan 7, 2011

Pelosi actually said that! She said her Congress was pay-as-you-go!

At her final press conference as House Speaker, Nancy Pelosi (D-CA) said:

"Deficit reduction has been a high priority for us. It is our mantra, pay-as-you-go."

The reality:

When the Pelosi Democrats took control of Congress on January 4, 2007, the national debt stood at $8,670,596,242,973.04.

The last day of the 111th Congress and Pelosi's Speakership on December 22, 2010 the national debt was $13,858,529,371,601.09 - a roughly $5.2 trillion increase in just four years.

Furthermore, the year over year federal deficit has roughly quadrupled during Pelosi's four years as speaker, from $342 billion in fiscal year 2007 to an estimated $1.6 trillion at the end of fiscal year 2010.

Ms. Pelosi has always counted on the fact that the liberal media would report her statements without fact checking.