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account jacket, requirements that these banks lend money to help increase to capital. something we've done in the state treasurer's office. i think that was a missed opportunity. >> you and the senator rallied back in march, gop rally, about the president, we are on the way to making this guy a one-termer. how do you answer that question? how do you define the change he has brought to america? >> tremendous amount of debt. i have a chart here that shows our debt-to-gdp ratio. while we did run deficits in the past, we now number our debt in trillions rather than in billions. and i think that represents a long-term danger, especially to the american dream. every american born today owes $43,000 to the federal government the day he or she is born. and we are transferring a tremendous amount of debt to the new generation. much of it owed to overseas creditors, who expect to be repaid by our children with interest. >> as a republican, member of congress, do you really want to stand by your party's record on the debt, going back since you came to congress? >> no.

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