Bill Clinton on the national deficit: “Like every generation of Americans before us, we have been called upon to renew our Nation and to restore its promise. For too long, huge, persistent, and growing budget deficits threatened to choke the opportunity that should be every American’s birthright. For too long, it seemed as if America would not be ready for the new century, that we would be too divided, too wedded to old arrangements and ideas. It’s hard to believe now, but it wasn’t so very long ago that some people looked at our Nation and saw a setting Sun" The Obama Democrats on the National Deficit: Democrats, including the president, don’t believe the deficit is an immediate problem. And while Republicans are touting and advocating for a “balanced budget,” Democrats want a “balanced approach.” The new Democratic approach includes a mix of spending cuts and tax increases but has no intention of balancing the budget, at this point.
Posted on: Sat, 06 Jul 2013 02:40:32 +0000
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