Welcome to everybody. John, can we afford more spending . No, we can. We got to shut this down at some arn earnst and bulls came out, the president and republicans both debunked it, said they didnt like it. They havent seen it yet. They dont want to cut spending or entileletments. We are going at a rate National Debt in 2000. Were at 10 trillion if 2008. We are going to double it again by 2016. We are doubleing our debt every eight years and there is no entitlement reform in place. We all got free pizza. Look, if rates go back up to 5, 6 , we are . Significant trouble. We have got to reign this in at some point. Check. 17 trillion in debt. Can we afford to spend on top of that . Look. The American People want results and do we have a debt problem . Absolutely. The problem is not today. Its kind of to johns point. Weve had a problem all along. We had a Medicare Part d or unfunded war. The congress is writing connection, we aint had no money in the bank. Ill be if i will let them bankrup
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