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No new deficit spending?

Debt has increased $5 trillion since speaker Polosi Vowed, no new Deficit Spending.

When Rep Nancy Polosi D. 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 tp the U.S. Treasury Department.

Pelosi, the 60th speaker of the U.S. House of representatives, has added more to the national debt then the first 557 House Speakers combined.


Asked by Natesmom507 at 2:49 PM on Oct. 25, 2010 in Politics & Current Events

Level 35 (74,836 Credits)
This question is closed.
Answers (20)
  • That socialist, big govt, tax everyone, spend trillions on social programs Pelosi NEEDS TO BE KICKED OUT OF OFFICE. And I sure hope she is on election day

    Answer by SophiaofLight at 4:35 PM on Oct. 27, 2010

  • ...wasn't she going to "drain the swamp" too???

    I knew it was going to be a spendfest...I didn't think it would be this bad though.

    Answer by yourspecialkid at 2:53 PM on Oct. 25, 2010

  • ugh, Pelosi. What a disappointment.


    Answer by Friday at 3:21 PM on Oct. 25, 2010

  • Nancy Pelosi wouldn't know deficit spending if it bit her in the butt

    Answer by itsmesteph11 at 3:09 PM on Oct. 25, 2010

  • grlygrlz2

    Answer by grlygrlz2 at 3:27 PM on Oct. 25, 2010

  • No, it's the FACT that you blame Bush, when DEMOCRATS were in control of Congress for the last two years of his presidency, and thus began the FOUR YEAR spending spree!

    Here, take a look again at the spending before and after 2007!!


    Answer by LoriKeet at 5:26 PM on Oct. 25, 2010

  • , the budget was essentially balanced and the total national debt was about $5.8 trillion.

    there you go with that lie again. The budget was NOT balanced.

    Answer by Carpy at 5:56 PM on Oct. 25, 2010

  • grlygrlz2

    Answer by grlygrlz2 at 3:26 PM on Oct. 25, 2010

  • Pardon me, 2000...

    By 9/28/2001 (after 9-11) the numbers were much higher $5.807463 trillion(ND) $133.29 billion(D)...  So, if you are using the rationale that because Bush was much higher that means Clinton was balanced, you are seriously flawed.


    Answer by grlygrlz2 at 8:22 PM on Oct. 25, 2010

  • And if you look at the National Debt during the Clinton Years, NO WHERE did the national debt decrease... Deficit, yes. Balanced? Nope.
    National Debt vs Deficit. [Source US Treasury,]
    1994-$4.692749 trillion $281.26 billion
    1995-$4.973982 trillion $281.23 billion
    1996-$5.224810 trillion $250.83 billion
    1997-$5.413146 trillion $188.34 billion
    1998-$5.526193 trillion $113.05 billion
    1999-$5.656270 trillion $130.08 billion

    Answer by grlygrlz2 at 8:27 PM on Oct. 25, 2010