that s all we re doing right now. we re putting our american people more and more at debt. and i will tell you, all across iowa, all across south carolina, all across new hampshire, people are so tired of seeing the government put them more in debt. when i came in to congress, in january of 2007, the country was $8.67 trillion in debt. today it s $15 trillion. next year it will be $17 trillion. we re acting like greece and like italy, and that s what people are frustrated with. they want us to ask like a first-world nation. not like what president barack obama is doing. he s acting like we re a banana republic. we ve got to get our act together, and stop spending money that we don t have. you re not i mean you re seriously calling the united states acting like a banana republic compared to the sort of debt issues that the euro-zone countries have had? what i m doing is saying that what the decision that barack obama is making, is acting like a banana republic. it s absolutely irr
have been raised. what do you say to analysts who insists that americans investments would have been far worse off today? it was very important that we not raise the debt ceiling, consider what happened. the congress gave barack obama a blank cheque for 2.4 trillion dollars. what about the american get in return? 21 billion in i will lose illusory cuts. from the time i ve been in congress we ve gone from 8.67 trillion in debt to 16.7. this is madness. i ve been across iowa. people are almost unanimous, do not raise the debt ceiling. that was the right thing to do. the worst thing that you could do, is continue to borrow money and spend money that we don t have. what do you say to the analysts who say the markets would have i think we just heard from
senator santorum tonight about getting things moving forward. he was trying to make an argument in washington have you divided government sometimes have you to compromise. what was your standard to raise the debt ceiling? you had a standard. my standard for raising the debt ceiling was yes, cut cap and balance but we had to have#l a full repeal of obama care. my opinion has been, i would not raise the debt ceiling right now. because we re almost at the $17 trillion. when i came into office we were at $8.67 trillion. in over four years, we ve almost doubled the debt. standard and poor s proved me right. we are not in a position to be able to repay our debt when we continue to spend this money. we didn t have to default. we what we had to do is let markets know we won t default and will get our credit rating back. we re going to pay military and our it?s but then, we re not going to kick the can down the road.
getting things moving forward. he was trying to make an argument in washington have you divided government sometimes have you to compromise. what was your standard to raise the debt ceiling? you had a standard. my standard for raising the debt ceiling was yes, cut cap and balance but we had to have#l a full repeal of obama care. my opinion has been, i would not raise the debt ceiling right now. because we re almost at the $17 trillion. when i came into office we were at $8.67 trillion. in over four years, we ve almost doubled the debt. standard and poor s proved me right. we are not in a position to be able to repay our debt when we continue to spend this money. we didn t have to default. we what we had to do is let markets know we won t default and will get our credit rating back. we re going to pay military and our it?s but then, we re not going to kick the can down the road. we re going to cut spending
the debt ceiling would not have been raised. what do you say to analysts who insists that americans investments would have been far worse off today? it was very important that we not raise the debt ceiling, consider what happened. the congress gave barack obama a blank cheque for 2.4 trillion dollars. what about the american get in return? 21 billion in i will lose illusory cuts. from the time i ve been in congress we ve gone from 8.67 trillion in debt to 16.7. this is madness. i ve been across iowa. people are almost unanimous, do not raise the debt ceiling. that was the right thing to do. the worst thing that you could do, is continue to borrow money and spend money that we don t have. what do you say to the analysts who say the markets would have i think we just heard from