Quote of the Day–Nancy Pelosi’s final lie edition
Seriously, this is just a shameless lie. Nancy Pelosi at her final news conference as Speaker of the House summing up the House’s priorities under he leadership:
"Deficit reduction has been a high priority for us. It is our mantra, pay-as-you-go."
No. It hasn’t.
When the Pelosi Democrats took control of Congress on January 4, 2007, the national debt stood at $8,670,596,242,973.04. The last day of the 111th Congress and Pelosi’s Speakership on December 22, 2010 the national debt was $13,858,529,371,601.09 – a roughly $5.2 trillion increase in just four years. Furthermore, the year over year federal deficit has roughly quadrupled during Pelosi’s four years as speaker, from $342 billion in fiscal year 2007 to an estimated $1.6 trillion at the end of fiscal year 2010.